Arthur J. Gallagher & Co. (NYSE:AJG) is Donor Advised Charitable Giving Inc.'s 4th Largest Position

Donor Advised Charitable Giving Inc. trimmed its holdings in Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) by 17.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,030 shares of the financial services provider's stock after selling 3,450 shares during the quarter. Arthur J. Gallagher & Co. accounts for about 0.1% of Donor Advised Charitable Giving Inc.'s holdings, making the stock its 4th biggest holding. Donor Advised Charitable Giving Inc.'s holdings in Arthur J. Gallagher & Co. were worth $4,550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AJG. Strategic Investment Solutions Inc. IL purchased a new position in shares of Arthur J. Gallagher & Co. in the second quarter valued at about $26,000. Pin Oak Investment Advisors Inc. increased its holdings in Arthur J. Gallagher & Co. by 543.8% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 103 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 87 shares during the period. Quarry LP bought a new position in Arthur J. Gallagher & Co. during the 2nd quarter valued at approximately $29,000. Rakuten Securities Inc. lifted its holdings in Arthur J. Gallagher & Co. by 580.0% in the 3rd quarter. Rakuten Securities Inc. now owns 102 shares of the financial services provider's stock worth $29,000 after buying an additional 87 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in shares of Arthur J. Gallagher & Co. by 47.6% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 152 shares of the financial services provider's stock worth $44,000 after buying an additional 49 shares during the last quarter. 85.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Douglas K. Howell sold 7,000 shares of the company's stock in a transaction on Monday, October 28th. The stock was sold at an average price of $284.70, for a total transaction of $1,992,900.00. Following the completion of the sale, the chief financial officer now directly owns 75,963 shares in the company, valued at $21,626,666.10. This represents a 8.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Christopher E. Mead sold 2,800 shares of Arthur J. Gallagher & Co. stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $287.00, for a total value of $803,600.00. Following the completion of the transaction, the vice president now owns 14,674 shares in the company, valued at $4,211,438. This trade represents a 16.02 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.60% of the company's stock.

Arthur J. Gallagher & Co. Price Performance

Shares of AJG traded down $0.57 during mid-day trading on Monday, hitting $295.22. 1,261,458 shares of the stock were exchanged, compared to its average volume of 2,133,369. Arthur J. Gallagher & Co. has a 52-week low of $227.08 and a 52-week high of $316.72. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a 50-day moving average of $291.99 and a two-hundred day moving average of $287.02. The company has a market cap of $73.75 billion, a PE ratio of 56.23 and a beta of 0.76.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last released its earnings results on Thursday, October 24th. The financial services provider reported $2.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.26. The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.78 billion. Arthur J. Gallagher & Co. had a net margin of 10.40% and a return on equity of 19.12%. The business's revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the business earned $2.00 EPS. On average, equities analysts predict that Arthur J. Gallagher & Co. will post 10.06 earnings per share for the current year.

Arthur J. Gallagher & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date was Friday, December 6th. Arthur J. Gallagher & Co.'s dividend payout ratio (DPR) is presently 45.71%.

Analyst Ratings Changes

A number of equities analysts have issued reports on AJG shares. Jefferies Financial Group lifted their target price on shares of Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. The Goldman Sachs Group downgraded Arthur J. Gallagher & Co. from a "buy" rating to a "neutral" rating and set a $313.00 target price on the stock. in a report on Monday, November 25th. Wells Fargo & Company raised their price target on Arthur J. Gallagher & Co. from $315.00 to $344.00 and gave the company an "overweight" rating in a report on Tuesday, December 10th. Bank of America upped their price target on shares of Arthur J. Gallagher & Co. from $271.00 to $293.00 and gave the stock an "underperform" rating in a research note on Thursday, October 10th. Finally, Keefe, Bruyette & Woods upgraded shares of Arthur J. Gallagher & Co. from an "underperform" rating to a "market perform" rating and reduced their price objective for the company from $292.00 to $286.00 in a research note on Friday, January 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $304.07.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.