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Arthur J. Gallagher & Co. (NYSE:AJG) was upgraded by analysts at EVA Dimensions LLC from an “underweight” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, StockRatingsNetwork reports.

Arthur J. Gallagher & Co. (NYSE:AJG) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.50 by $0.02. The company had revenue of $890.20 million for the quarter, compared to the consensus estimate of $806.32 million. During the same quarter last year, the company posted $0.27 earnings per share. Arthur J. Gallagher & Co.’s revenue was up 32.2% compared to the same quarter last year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 20th. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Friday, February 28th. This is a positive change from Arthur J. Gallagher & Co.’s previous quarterly dividend of $0.35.

A number of other analysts have also recently weighed in on AJG. Analysts at Thomson Reuters/Verus upgraded shares of Arthur J. Gallagher & Co. from a “sell” rating to a “hold” rating in a research note on Monday. Separately, analysts at Citigroup Inc. initiated coverage on shares of Arthur J. Gallagher & Co. in a research note on Wednesday, February 12th. They set a “neutral” rating on the stock. Finally, analysts at Macquarie upgraded shares of Arthur J. Gallagher & Co. from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 28th. They now have a $54.00 price target on the stock, up previously from $49.00. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $50.25.

Arthur J. Gallagher & Co, along with its subsidiaries, provides insurance brokerage and third-party claims settlement and administration services to entities in the United States and abroad.

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