Coppell Advisory Solutions LLC Has $2.61 Million Position in Arthur J. Gallagher & Co. (NYSE:AJG)

Coppell Advisory Solutions LLC raised its holdings in shares of Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) by 55.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,166 shares of the financial services provider's stock after purchasing an additional 3,283 shares during the quarter. Coppell Advisory Solutions LLC's holdings in Arthur J. Gallagher & Co. were worth $2,607,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AJG. Valley National Advisers Inc. acquired a new position in Arthur J. Gallagher & Co. during the 4th quarter valued at about $25,000. MRP Capital Investments LLC bought a new position in Arthur J. Gallagher & Co. during the 4th quarter valued at $28,000. New Age Alpha Advisors LLC boosted its holdings in Arthur J. Gallagher & Co. by 81.7% during the 4th quarter. New Age Alpha Advisors LLC now owns 109 shares of the financial services provider's stock worth $31,000 after acquiring an additional 49 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Arthur J. Gallagher & Co. in the fourth quarter valued at about $35,000. Finally, Financial Life Planners bought a new position in shares of Arthur J. Gallagher & Co. during the fourth quarter valued at about $36,000. 85.53% of the stock is currently owned by institutional investors and hedge funds.

Arthur J. Gallagher & Co. Price Performance

Arthur J. Gallagher & Co. stock opened at $331.08 on Wednesday. The firm has a market capitalization of $84.67 billion, a P/E ratio of 50.78 and a beta of 0.64. Arthur J. Gallagher & Co. has a one year low of $232.27 and a one year high of $350.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.51 and a quick ratio of 1.51. The business has a fifty day moving average price of $330.32 and a 200-day moving average price of $306.48.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last issued its earnings results on Thursday, January 30th. The financial services provider reported $2.13 EPS for the quarter, topping the consensus estimate of $2.03 by $0.10. Arthur J. Gallagher & Co. had a return on equity of 16.47% and a net margin of 12.70%. As a group, equities research analysts forecast that Arthur J. Gallagher & Co. will post 11.54 EPS for the current year.

Arthur J. Gallagher & Co. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.65 dividend. The ex-dividend date of this dividend was Friday, March 7th. This is a boost from Arthur J. Gallagher & Co.'s previous quarterly dividend of $0.60. This represents a $2.60 annualized dividend and a yield of 0.79%. Arthur J. Gallagher & Co.'s dividend payout ratio is currently 39.88%.

Insider Buying and Selling at Arthur J. Gallagher & Co.

In related news, Director Sherry S. Barrat sold 2,500 shares of Arthur J. Gallagher & Co. stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $304.33, for a total transaction of $760,825.00. Following the completion of the sale, the director now owns 16,533 shares of the company's stock, valued at approximately $5,031,487.89. This trade represents a 13.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Christopher E. Mead sold 2,900 shares of the business's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $302.61, for a total value of $877,569.00. Following the transaction, the vice president now owns 14,674 shares of the company's stock, valued at approximately $4,440,499.14. The trade was a 16.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,235 shares of company stock valued at $7,478,224 in the last three months. Company insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

AJG has been the subject of several analyst reports. Jefferies Financial Group decreased their price objective on shares of Arthur J. Gallagher & Co. from $266.00 to $265.00 and set a "hold" rating for the company in a research note on Friday, April 11th. Redburn Atlantic started coverage on Arthur J. Gallagher & Co. in a report on Tuesday, March 25th. They set a "neutral" rating and a $352.00 price target on the stock. Keefe, Bruyette & Woods raised their target price on Arthur J. Gallagher & Co. from $308.00 to $314.00 and gave the company a "market perform" rating in a research report on Friday, March 21st. TD Cowen raised shares of Arthur J. Gallagher & Co. from a "hold" rating to a "buy" rating and boosted their price target for the stock from $295.00 to $377.00 in a report on Friday, January 10th. Finally, Royal Bank of Canada raised their price objective on shares of Arthur J. Gallagher & Co. from $320.00 to $340.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, Arthur J. Gallagher & Co. has an average rating of "Hold" and a consensus price target of $315.27.

Arthur J. Gallagher & Co. Profile

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 segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.

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