Somewhat Favorable News Coverage Somewhat Unlikely to Affect Arthur J. Gallagher & Co. (AJG) Share Price

Media stories about Arthur J. Gallagher & Co. (NYSE:AJG) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arthur J. Gallagher & Co. earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.0451493044696 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

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A number of brokerages have recently issued reports on AJG. Sandler O’Neill reiterated a “hold” rating and issued a $71.00 price target on shares of Arthur J. Gallagher & Co. in a report on Thursday, March 15th. William Blair raised Arthur J. Gallagher & Co. from a “market perform” rating to an “outperform” rating in a research report on Thursday, March 8th. Barclays reissued an “overweight” rating and issued a $82.00 price objective (up previously from $70.00) on shares of Arthur J. Gallagher & Co. in a research report on Tuesday, February 20th. Zacks Investment Research raised Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Thursday, March 29th. Finally, Wells Fargo reissued a “buy” rating and issued a $74.00 price objective on shares of Arthur J. Gallagher & Co. in a research report on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Arthur J. Gallagher & Co. has an average rating of “Buy” and a consensus target price of $72.70.

Shares of Arthur J. Gallagher & Co. stock traded up $0.30 during trading on Monday, reaching $70.27. The company’s stock had a trading volume of 725,090 shares, compared to its average volume of 1,116,729. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $12,694.38, a price-to-earnings ratio of 22.96, a PEG ratio of 1.67 and a beta of 1.13. Arthur J. Gallagher & Co. has a 1-year low of $54.50 and a 1-year high of $72.77.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.07. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Arthur J. Gallagher & Co. had a return on equity of 13.95% and a net margin of 7.52%. The business’s quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.66 EPS. equities research analysts anticipate that Arthur J. Gallagher & Co. will post 3.55 earnings per share for the current fiscal year.

In other Arthur J. Gallagher & Co. news, CFO Douglas K. Howell sold 5,200 shares of Arthur J. Gallagher & Co. stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $68.17, for a total transaction of $354,484.00. Following the completion of the sale, the chief financial officer now owns 43,000 shares of the company’s stock, valued at approximately $2,931,310. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Walter D. Bay sold 1,500 shares of Arthur J. Gallagher & Co. stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $70.15, for a total value of $105,225.00. Following the sale, the general counsel now directly owns 13,284 shares of the company’s stock, valued at approximately $931,872.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,766 shares of company stock valued at $1,501,938. 1.60% of the stock is currently owned by insiders.

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About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co, together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services to entities in the United States and internationally. Its Brokerage segment consists of retail and wholesale insurance brokerage operations.

Insider Buying and Selling by Quarter for Arthur J. Gallagher & Co. (NYSE:AJG)

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