King Luther Capital Management Corp has reduced its stake in Arthur J. Gallagher & Co. by 15.5%, now holding 188,346 shares valued at $58.34 million. Despite this reduction, Arthur J. Gallagher & Co. recently reported strong quarterly earnings, beating EPS estimates and increasing its quarterly dividend to $0.70 per share. The company maintains a “Hold” consensus rating from analysts, with institutional investors holding a significant 85.53% of its stock.
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King Luther Capital Management Corp Has $58.34 Million Stake in Arthur J. Gallagher & Co. $AJG
King Luther Capital Management Corp has reduced its stake in Arthur J. Gallagher & Co. by 15.5%, now holding 188,346 shares valued at $58.34 million. Despite this reduction, Arthur J. Gallagher & Co. recently reported strong quarterly earnings, beating EPS estimates and increasing its quarterly dividend to $0.70 per share. The company maintains a “Hold” consensus rating from analysts, with institutional investors holding a significant 85.53% of its stock.