Roundview Capital LLC Has $618,000 Stake in Arthur J. Gallagher & Co. $AJG

Roundview Capital LLC lowered its position in shares of Arthur J. Gallagher & Co. (NYSE:AJG) by 55.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,388 shares of the financial services provider’s stock after selling 2,988 shares during the period. Roundview Capital LLC’s holdings in Arthur J. Gallagher & Co. were worth $618,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in AJG. Physician Wealth Advisors Inc. increased its stake in shares of Arthur J. Gallagher & Co. by 870.0% during the third quarter. Physician Wealth Advisors Inc. now owns 97 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 87 shares during the period. Rakuten Securities Inc. increased its stake in shares of Arthur J. Gallagher & Co. by 650.0% during the second quarter. Rakuten Securities Inc. now owns 105 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 91 shares during the period. Financial Life Planners bought a new position in shares of Arthur J. Gallagher & Co. during the third quarter worth approximately $39,000. Westside Investment Management Inc. increased its stake in shares of Arthur J. Gallagher & Co. by 100.0% during the third quarter. Westside Investment Management Inc. now owns 136 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 68 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Arthur J. Gallagher & Co. by 668.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 169 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 147 shares during the period. Institutional investors own 85.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AJG shares. UBS Group set a $240.00 target price on Arthur J. Gallagher & Co. in a research note on Thursday, May 21st. Citigroup upgraded Arthur J. Gallagher & Co. from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $280.00 to $250.00 in a research note on Wednesday, May 6th. Keefe, Bruyette & Woods lowered their price objective on Arthur J. Gallagher & Co. from $246.00 to $235.00 and set a “market perform” rating on the stock in a research note on Friday, May 1st. Jefferies Financial Group lowered their price objective on Arthur J. Gallagher & Co. from $283.00 to $280.00 and set a “hold” rating on the stock in a research note on Monday, February 2nd. Finally, Mizuho lowered their price objective on Arthur J. Gallagher & Co. from $260.00 to $259.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Arthur J. Gallagher & Co. has an average rating of “Moderate Buy” and a consensus price target of $264.00.

Insider Buying and Selling at Arthur J. Gallagher & Co.

In related news, VP Christopher E. Mead sold 4,000 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $227.12, for a total transaction of $908,480.00. Following the sale, the vice president owned 19,306 shares of the company’s stock, valued at $4,384,778.72. This trade represents a 17.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Scott R. Hudson sold 3,800 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $227.57, for a total value of $864,766.00. Following the sale, the vice president directly owned 85,920 shares in the company, valued at approximately $19,552,814.40. This trade represents a 4.24% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.40% of the company’s stock.

Arthur J. Gallagher & Co. Trading Down 0.5%

NYSE AJG opened at $202.90 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.51. Arthur J. Gallagher & Co. has a twelve month low of $190.75 and a twelve month high of $351.23. The company has a market cap of $52.13 billion, a price-to-earnings ratio of 32.83, a price-to-earnings-growth ratio of 1.04 and a beta of 0.54. The business’s fifty day moving average is $211.41 and its 200 day moving average is $231.48.

Arthur J. Gallagher & Co. (NYSE:AJG) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $4.47 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.04. Arthur J. Gallagher & Co. had a return on equity of 12.83% and a net margin of 10.76%.The company had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter last year, the business posted $3.67 EPS. Arthur J. Gallagher & Co.’s revenue for the quarter was up 29.0% on a year-over-year basis. As a group, sell-side analysts expect that Arthur J. Gallagher & Co. will post 13.22 EPS for the current fiscal year.

Arthur J. Gallagher & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, June 5th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.80 annualized dividend and a dividend yield of 1.4%. Arthur J. Gallagher & Co.’s dividend payout ratio (DPR) is 45.31%.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co is a global insurance brokerage and risk management firm headquartered in Rolling Meadows, Illinois. Founded in 1927 by Arthur J. Gallagher, the company has grown from a regional broker into an international professional services organization that arranges insurance, provides consulting and designs risk-transfer solutions for commercial, industrial, public sector and individual clients.

The company’s core activities include property and casualty insurance brokerage, employee benefits consulting and administration, and a range of risk management services.