Headlines about Arthur J. Gallagher & Co. (NYSE:AJG) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Arthur J. Gallagher & Co. earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.0302913677142 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- The need to “shore up” Canadian base motivates AJG buyout (insurancebusinessmag.com)
- Arthur J. Gallagher & Co. (AJG) Expected to Announce Quarterly Sales of $1.56 Billion (americanbankingnews.com)
- Arthur J. Gallagher & Co. claims Florida-based P&C broker (insurancebusinessmag.com)
- ETFs with exposure to Arthur J. Gallagher & Co. : October 6, 2017 (finance.yahoo.com)
- Arthur J. Gallagher Acquires DiBrina Group (seekingalpha.com)
AJG has been the topic of a number of research reports. Wells Fargo & Company reissued a “buy” rating on shares of Arthur J. Gallagher & Co. in a report on Thursday, July 27th. BidaskClub raised shares of Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating in a report on Thursday, July 27th. Barclays PLC boosted their target price on shares of Arthur J. Gallagher & Co. from $61.00 to $66.00 and gave the stock an “overweight” rating in a report on Monday, July 3rd. Zacks Investment Research lowered shares of Arthur J. Gallagher & Co. from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Finally, Citigroup Inc. boosted their target price on shares of Arthur J. Gallagher & Co. from $60.00 to $62.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $63.43.
Shares of Arthur J. Gallagher & Co. (NYSE AJG) opened at 61.87 on Wednesday. The firm’s 50-day moving average is $60.00 and its 200-day moving average is $57.85. Arthur J. Gallagher & Co. has a 12-month low of $47.16 and a 12-month high of $62.12. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 24.95 and a beta of 1.21.
Arthur J. Gallagher & Co. (NYSE:AJG) last posted its quarterly earnings results on Thursday, July 27th. The financial services provider reported $1.03 EPS for the quarter, topping the consensus estimate of $1.02 by $0.01. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.54 billion. Arthur J. Gallagher & Co. had a net margin of 7.62% and a return on equity of 13.68%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $0.96 earnings per share. On average, equities analysts predict that Arthur J. Gallagher & Co. will post $3.02 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Wednesday, August 30th. Arthur J. Gallagher & Co.’s payout ratio is 62.90%.
In related news, insider Susan E. Pietrucha sold 6,932 shares of Arthur J. Gallagher & Co. stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $59.28, for a total value of $410,928.96. Following the transaction, the insider now directly owns 3,253 shares of the company’s stock, valued at $192,837.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Susan E. Pietrucha sold 3,601 shares of Arthur J. Gallagher & Co. stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $57.78, for a total transaction of $208,065.78. Following the completion of the transaction, the insider now directly owns 4,055 shares in the company, valued at $234,297.90. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,500 shares of company stock worth $1,804,115. 1.60% of the stock is owned by insiders.
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Arthur J. Gallagher & Co. Company Profile
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 international entities. The Company operates through three segments: brokerage, risk management and corporate.
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