Centiva Capital LP Makes New Funding in Arthur J. Gallagher & Co. (NYSE:AJG)



Centiva Capital LP purchased a brand new place in Arthur J. Gallagher & Co. (NYSE:AJG – Get Ranking) through the 2nd quarter, based on its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The fund purchased 5,206 shares of the monetary companies supplier’s inventory, valued at roughly $849,000.

Different hedge funds additionally just lately made modifications to their positions within the firm. Zions Bancorporation N.A. elevated its stake in shares of Arthur J. Gallagher & Co. by 55.1% within the second quarter. Zions Bancorporation N.A. now owns 197 shares of the monetary companies supplier’s inventory value $32,000 after shopping for an extra 70 shares through the interval. Zullo Funding Group Inc. elevated its stake in shares of Arthur J. Gallagher & Co. by 223.0% within the first quarter. Zullo Funding Group Inc. now owns 239 shares of the monetary companies supplier’s inventory value $42,000 after shopping for an extra 165 shares through the interval. Enterprise Visionary Companions LLC bought a brand new place in shares of Arthur J. Gallagher & Co. within the second quarter value $44,000. Ronald Blue Belief Inc. bought a brand new place in shares of Arthur J. Gallagher & Co. within the second quarter value $53,000. Lastly, Clear Avenue Markets LLC boosted its holdings in Arthur J. Gallagher & Co. by 412.8% within the second quarter. Clear Avenue Markets LLC now owns 441 shares of the monetary companies supplier’s inventory valued at $72,000 after buying an extra 355 shares within the final quarter. 81.22% of the inventory is owned by hedge funds and different institutional traders.

Analysts Set New Value Targets

A number of analysis companies just lately weighed in on AJG. Wells Fargo & Firm lifted their worth goal on shares of Arthur J. Gallagher & Co. from $212.00 to $215.00 and gave the corporate an “chubby” ranking in a report on Friday, October 28th. UBS Group lifted their worth goal on shares of Arthur J. Gallagher & Co. to $197.00 in a report on Friday, November 4th. StockNews.com started protection on shares of Arthur J. Gallagher & Co. in a report on Wednesday, October 12th. They issued a “maintain” ranking on the inventory. Truist Monetary lifted their worth goal on shares of Arthur J. Gallagher & Co. from $210.00 to $220.00 and gave the corporate a “purchase” ranking in a report on Friday, October 28th. Lastly, Argus assumed protection on shares of Arthur J. Gallagher & Co. in a report on Friday, August 26th. They set a “purchase” ranking and a $215.00 goal worth on the inventory. 4 funding analysts have rated the inventory with a maintain ranking, seven have issued a purchase ranking and one has given a powerful purchase ranking to the inventory. In keeping with MarketBeat.com, Arthur J. Gallagher & Co. at the moment has a median ranking of “Reasonable Purchase” and a median worth goal of $205.36.

Insiders Place Their Bets

In different Arthur J. Gallagher & Co. information, Director William L. Bax offered 350 shares of the enterprise’s inventory in a transaction dated Monday, October 31st. The inventory was offered at a median worth of $189.30, for a complete worth of $66,255.00. Following the completion of the transaction, the director now owns 45,405 shares of the corporate’s inventory, valued at roughly $8,595,166.50. The sale was disclosed in a authorized submitting with the SEC, which is obtainable via this hyperlink. In different Arthur J. Gallagher & Co. information, Director William L. Bax offered 350 shares of the enterprise’s inventory in a transaction dated Monday, October 31st. The inventory was offered at a median worth of $189.30, for a complete worth of $66,255.00. Following the completion of the transaction, the director now owns 45,405 shares of the corporate’s inventory, valued at roughly $8,595,166.50. The sale was disclosed in a authorized submitting with the SEC, which is obtainable via this hyperlink. Additionally, VP Joel D. Cavaness offered 10,000 shares of the corporate’s inventory in a transaction dated Friday, November 18th. The shares had been offered at a median worth of $192.72, for a complete transaction of $1,927,200.00. Following the sale, the vp now instantly owns 111,087 shares of the corporate’s inventory, valued at roughly $21,408,686.64. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders offered 37,555 shares of firm inventory valued at $7,355,347. 1.40% of the inventory is owned by insiders.

Arthur J. Gallagher & Co. Inventory Efficiency

Shares of Arthur J. Gallagher & Co. inventory opened at $191.83 on Monday. The inventory has a market cap of $40.45 billion, a price-to-earnings ratio of 37.76, a PEG ratio of two.44 and a beta of 0.68. The agency’s 50-day transferring common is $186.63 and its 200 day transferring common is $177.28. Arthur J. Gallagher & Co. has a 1 12 months low of $147.32 and a 1 12 months excessive of $201.51. The corporate has a debt-to-equity ratio of 0.64, a present ratio of 1.06 and a fast ratio of 1.06.

Arthur J. Gallagher & Co. (NYSE:AJG – Get Ranking) final introduced its quarterly earnings outcomes on Thursday, October 27th. The monetary companies supplier reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. Arthur J. Gallagher & Co. had a internet margin of 12.86% and a return on fairness of 17.56%. The corporate had income of $2.01 billion for the quarter, in comparison with analysts’ expectations of $2.04 billion. Throughout the identical quarter within the earlier 12 months, the enterprise posted $1.33 EPS. Arthur J. Gallagher & Co.’s income was down 4.4% in comparison with the identical quarter final 12 months. Promote-side analysts anticipate that Arthur J. Gallagher & Co. will put up 7.75 EPS for the present fiscal 12 months.

Arthur J. Gallagher & Co. Broadcasts Dividend

The agency additionally just lately introduced a quarterly dividend, which might be paid on Friday, December 16th. Shareholders of document on Friday, December 2nd might be given a $0.51 dividend. This represents a $2.04 dividend on an annualized foundation and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, December 1st. Arthur J. Gallagher & Co.’s dividend payout ratio (DPR) is 40.16%.

About Arthur J. Gallagher & Co.

(Get Ranking)

Arthur J. Gallagher & Co, along with its subsidiaries, supplies insurance coverage brokerage, consulting, third-party claims settlement, and administration companies in the USA, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the UK. It operates via Brokerage and Threat Administration segments.

See Additionally

Wish to see what different hedge funds are holding AJG? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Arthur J. Gallagher & Co. (NYSE:AJG – Get Ranking).

Institutional Ownership by Quarter for Arthur J. Gallagher & Co. (NYSE:AJG)



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