Economy

Arthur J. Gallagher & Co. (AJG) Shares Sold by Tredje AP fonden

If the $64.64 price target is reached, the company will be worth $961.20M more. 1,816,704 shares of the company traded hands. It has outperformed by 0.39% the S&P500. The company was downgraded on Friday, December 18 by Goldman Sachs. In Bermuda, the Company acts principally as a wholesaler for clients looking to access the Bermuda insurance markets and also provides services relating to the formation and management of offshore captive insurance companies. The Company's services also include refrigerated, dedicated, cross-border, regional and brokerage. Also, it has an estimated price-earnings (P/E) multiple of 17.83 and a trailing 12-month price-earnings (P/E) multiple of 24.18. The Company's divisions include Truckload and Other.

Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and global entities.

The company's P/E ratio is 24.35 and market capitalization is 10.88B. The Company operates through three segments: brokerage, risk management and corporate. The brokerage segment primarily consists of retail and wholesale insurance brokerage operations.

The stock increased 0.61% or $0.14 on September 13, reaching $22.93. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.01. The other 9, though not evenly; between analysts who think you should buy Arthur J. Gallagher & Co. versus those who think you should sell it. Dimensional Fund Advisors LP raised its stake in Arthur J. Gallagher & Co.by 16.4% in the second quarter. 142.24 million shares or 1.41% more from 140.26 million shares in 2016Q3 were reported. Kleinwort Benson Investors Dublin Ltd bought a new stake in Arthur J. Gallagher & Co. during the second quarter valued at about $37,142,000. Gemmer Asset Management Limited Liability Corporation invested in 0.01% or 195 shares. Andra AP fonden's holdings in Arthur J. Gallagher & Co. were worth $3,298,000 at the end of the most recent reporting period.

Finemark Savings Bank holds 0.01% or 1,303 shares. Veritable Lp reported 0.01% stake. 4,133 Arthur J Gallagher & Co (NYSE:AJG) shares with value of $231,696 were sold by Pietrucha Susan E. Shares for $439,365 were sold by Ziebell William F. Fort Pitt Capital Group, LLC divested its stake by shedding 2,293 shares a decrease of 0.4% in the quarter. Wells Fargo & Company reaffirmed a "buy" rating on shares of Arthur J. Gallagher & Co.in a research note on Wednesday, June 14th.

Robinson Capital Management Llc holds 3.19% of its portfolio in Eaton Vance National Municipl Opprtnt Tr for 468,693 shares. Jefferies Grp Llc has 0% invested in Arthur J Gallagher & Co (NYSE:AJG) for 6,320 shares. Axa holds 203,800 shares. Boston Private Wealth Ltd Liability Corp invested 0.38% of its portfolio in Arthur J Gallagher & Co (NYSE:AJG). Moreover, Amp Invsts has 0.02% invested in Arthur J Gallagher & Co (NYSE:AJG). Therefore 45% are positive.

Arthur J. Gallagher & Co. had a return on equity of 13.31% and a net margin of 7.41%. Of the analysts surveyed by Reuters that track DXC Technology Company 7 of them rate its stock a hold. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The rating was maintained by Compass Point on Friday, February 5 with "Buy". The company presently has a consensus rating of "Hold" and an average price target of $61.80. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, September 5.

02/04/2016 - Arthur J. Gallagher & Co. had its "sector perform" rating reiterated by analysts at RBC Capital.

On August 11 Barclays left the company rating at "Overweight" but raised the price expectation from $66.00 to $68.00.

Since March 16, 2017, it had 0 buys, and 4 selling transactions for $1.91 million activity. RBC Capital Markets maintained Arthur J Gallagher & Co (NYSE:AJG) rating on Thursday, February 4. Out of 2 Wall Street analysts rating Covenant Transport, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". During the last 52 weeks, the (NYSE:AJG) price has been as high as $61.44 and as low as $47.16. Value investors will surely go for the low or decreasing P/FCF totals and reasonably low stock share prices. CVTI was included in 2 notes of analysts from October 14, 2016. Compass Point has "Buy" rating and $59 target. Barclays Capital upgraded the stock to "Overweight" rating in Monday, October 17 report. State Of Alaska Department Of Revenue stated it has 4,023 shares. It is down 60.19% since September 14, 2016 and is downtrending. It has underperformed by 76.89% the S&P500.

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