Stonehage Fleming Financial Services Holdings Ltd Sells 175,158 Shares of Arthur J. Gallagher & Co. (NYSE:AJG)

Stonehage Fleming Financial Services Holdings Ltd lowered its stake in shares of Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) by 27.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 462,397 shares of the financial services provider's stock after selling 175,158 shares during the period. Arthur J. Gallagher & Co. accounts for 3.7% of Stonehage Fleming Financial Services Holdings Ltd's investment portfolio, making the stock its 14th biggest holding. Stonehage Fleming Financial Services Holdings Ltd owned approximately 0.19% of Arthur J. Gallagher & Co. worth $131,251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of AJG. Strategic Investment Solutions Inc. IL bought a new position in Arthur J. Gallagher & Co. in the 2nd quarter valued at $26,000. Pin Oak Investment Advisors Inc. boosted its holdings in Arthur J. Gallagher & Co. by 543.8% in 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. in the 2nd quarter valued at $29,000. Rakuten Securities Inc. boosted 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 valued at $29,000 after purchasing an additional 87 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Arthur J. Gallagher & Co. during the 4th quarter worth $35,000. Hedge funds and other institutional investors own 85.53% of the company's stock.

Arthur J. Gallagher & Co. Stock Up 2.2 %

NYSE:AJG traded up $6.36 during mid-day trading on Monday, hitting $295.87. 1,630,321 shares of the company's stock were exchanged, compared to its average volume of 1,974,614. Arthur J. Gallagher & Co. has a one year low of $227.43 and a one year high of $316.72. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.06 and a quick ratio of 1.06. The business has a fifty day moving average price of $291.74 and a 200 day moving average price of $288.00. The company has a market cap of $73.91 billion, a PE ratio of 56.36 and a beta of 0.76.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $2.26 EPS for the quarter, hitting the consensus estimate of $2.26. Arthur J. Gallagher & Co. had a net margin of 10.40% and a return on equity of 19.12%. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.78 billion. During the same quarter in the previous year, the firm posted $2.00 earnings per share. Arthur J. Gallagher & Co.'s quarterly revenue was up 12.8% on a year-over-year basis. Equities analysts predict that Arthur J. Gallagher & Co. will post 10.05 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AJG shares. Barclays lifted their price objective on shares of Arthur J. Gallagher & Co. from $300.00 to $308.00 and gave the stock an "equal weight" rating in a report on Thursday, November 21st. BMO Capital Markets lifted their price objective on shares of Arthur J. Gallagher & Co. from $312.00 to $325.00 and gave the stock an "outperform" rating in a report on Tuesday, November 12th. Bank of America lifted their price objective on shares of Arthur J. Gallagher & Co. from $271.00 to $293.00 and gave the stock an "underperform" rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods upgraded shares of Arthur J. Gallagher & Co. from an "underperform" rating to a "market perform" rating and decreased their target price for the stock from $292.00 to $286.00 in a research report on Friday, January 10th. Finally, TD Cowen upgraded shares of Arthur J. Gallagher & Co. from a "hold" rating to a "buy" rating and lifted their target price for the stock from $295.00 to $377.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $304.07.

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