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Moloney Securities Asset Management LLC has made a $716,000 investment in Arthur J. Gallagher & Co. (NYSE:AJG)

Moloney Securities Asset Management LLC has made a $716,000 investment in Arthur J. Gallagher & Co. (NYSE:AJG)

Moloney Securities Asset Management LLC is reported to have completed the acquisition of Arthur J. Gallagher & Co. (NYSE: AJG) during the third quarter, as stated in the most recent filing that was made with the SEC. The investment fund forked over approximately $716,000 to acquire 4,179 shares in the financial services provider. These shares were acquired using the stock as payment.

As a direct consequence of these modifications, the holdings of various other hedge funds in AJG have recently undergone several shifts. In the second quarter, Bishop Rock Capital L.P. completed the purchase of an additional stake in Arthur J. Gallagher & Co. for a total investment of approximately $22,862,000. During the third quarter, Arthur J. Gallagher & Co. contributed a new investment to the portfolio managed by WCM Investment Management LLC. The amount of this investment was approximately $435,911,000. The Massachusetts Financial Services Co., MA, increased the proportion of Arthur J. Gallagher & Co. stock owned by 28.5% during the second quarter. The Massachusetts Financial Services Co., MA, now has a total of 5,234,199 stock held by the financial services provider after making an additional purchase of 1,162,186 shares during the most recent quarter. The value of these shares as of right now is 853,382,000 dollars. By the end of the second quarter, FMR LLC had a position in Arthur J. Gallagher & Co. that was 9.4 percentage points higher than it had been before. FMR LLC now holds a total of 10,232,531 shares of the financial services provider’s stock, which have a value of $1,668,312,000 thanks to the acquisition of an additional 880,314 shares during the period in question. In the second quarter, UBS Asset Management Americas Inc. increased the percentage of Arthur J. Gallagher & Co. shares that it owned by 32.8%. This was the final and most important point. UBS Asset Management Americas Inc. now has a total of 1,536,800 shares of the financial services provider’s stock after purchasing an additional 379,206 shares during the period. The stock is currently valued at $250,560,000. During the period in question, these shares were purchased. At this time, institutions hold 82.07% of the total outstanding shares of stock.

This past Friday, the NYSE AJG opened for $194.99, equivalent to one billion pesos. $191.95 is the company’s moving average price over the past 50 days, and $182.28 is the company’s moving average price over the past 200 days. The value of the current ratio is 1.06; the quick ratio is also 1.06; and the ratio that compares debt to equity is 0.64. The lowest point for the company over past year for Arthur J. Gallagher & Co. was $147.32, and the highest point for the company over the past year was $201.51.

The most recent earnings report for Arthur J. Gallagher & Co. (NYSE: AJG) was distributed to members of the investing community on Thursday, the 27th of October. The financial services company came in with earnings per share (EPS) of $1.72 for the quarter, which was 0.05 dollars higher than the estimate floating around among industry professionals, which was $1.67. In comparison to the consensus estimate of $2.04 billion in revenue for the quarter, actual revenue for the period came in at $2.01 billion. Compared to the previous year’s sales for the third quarter at Arthur J. Gallagher & Co. were 4.4% lower than they were. The return on equity for the company was 17.56%, and the net margin for the company was 12.86%. The company reported $1.33 per share earnings for the same quarter in the prior year’s financial statements. The sell-side analysts anticipate that Arthur J. Gallagher & Co. will generate earnings of 7.74 cents per share during the current fiscal year, and they have provided these estimates.

In addition, the company has just recently announced and paid out a quarterly dividend, which was done so on the 16th of December. On Friday, December 2nd, shareholders on the company’s books received a dividend payment of $0.51 per share as of the record date. This translates to a yield of 1.05% and a dividend payment of $2.04 yearly for every shareholder. After the initial cutoff date of December 1st, this dividend began to be disbursed to shareholders. The dividend payout ratio for Arthur J. Gallagher & Co. currently stands at 40.16 percent.

In addition, on October 31st, Director William L. Bax of Arthur J. Gallagher & Co. sold 350 shares of the company’s stock. A total of $66,255.00 worth of the stock was sold, and it was purchased at an average price of $189.30 per share. The director is now the owner of 45,405 company shares, which have a combined value of $8,595,166.50 due to the sale’s success. Through the Securities and Exchange Commission’s website, one can access the filing in which the sale was disclosed. In other information pertinent to this topic, on Monday, October 31, William L. Bax, a corporate director, sold 350 shares of the company’s stock. A total of $66,255.00 worth of stock was sold, and it was purchased at an average price of $189.30 per share. As a direct result of the transaction, the director is now the direct owner of 45,405 shares of the company’s stock. The total value of these shares is $8,595,166.50. Following the submission of a court document to the SEC, the transaction was brought to the general public’s attention. On the website of the SEC, you can find the document you are looking for.

Additionally, on November 22nd, Douglas K. Howell, the CFO of the company, sold 10,000 shares of the company’s stock. Douglas K. Howell sold these shares. The stock brought in total revenue of $1,963,500.00 with an average price of $196.35 per share, which was the price at which it was sold. Following the successful conclusion of the transaction, the chief financial officer now has direct ownership of 88,123 company shares, which have a combined value of $17,302,951.05. Disclosures that are related to the sale might be found in this section of the website. Over the past three months, company insiders have sold 37,555 company stock with a combined value of $7,355,347. Insiders are responsible for controlling 1.40 percent of the stock market.

AJG has been the focus of investigation in a great number of articles. In a research report released on Friday, October 28th, the Royal Bank of Canada gave the stock an “outperform” rating and increased their price target on Arthur J. Gallagher & Co. from $196.00 to $200.00. In addition, they rated the company’s stock as “outperforming.” In addition, they raised the rating they had previously assigned to the stock. Raymond James upgraded Arthur J. Gallagher & Co. from a “strong-buy” rating to a “buy” rating in a report published on Thursday, December 29th.

Additionally, Raymond James raised their target price for the stock from $205.00 to $215.00. Trust Financial changed their rating of Arthur J. Gallagher & Co. from “hold” to “buy” in a report released on Friday, October 28th. In addition, they increased their price target for the company from $210.00 to $220.00. Gallagher & Co. increased their prices from $196.00 to $200.00. In addition, they raised the rating they had previously assigned to the stock. Raymond James upgraded Arthur J. Gallagher & Co. from a “strong-buy” rating to a “buy” rating in a report published on Thursday, December 29th.

Additionally, Raymond James raised their target price for the stock from $205.00 to $215.00. Trust Financial changed their rating of Arthur J. Gallagher & Co. from “hold” to “buy” in a report released on Friday, October 28th. In addition, they increased their price target for the company from $210.00 to $220.00. Piper Sandler lowered their rating on Arthur J. Gallagher & Co. from “overweight” to “neutral,” They now have a price objective of $195.00 for the business. The findings of a report were made available to the general public on September 21st, a Wednesday. Jefferies Financial Group raised their price target for Arthur J. Gallagher & Co. from $208.00 to $215.00 in a report made public on Friday, October 7th. The final and most significant adjustment was made here. Four analysts recommend investors maintain their current position with the stock; nine analysts have assigned the stock a buy rating, and one analyst has assigned the stock a strong buy rating. Bloomberg.com reports that the current consensus recommendation for Arthur J. Gallagher & Co. is a “Moderate Buy,” The website provides a price objective of $207.23 per share for the company’s stock.

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