Gateway Investment Advisers Decreased Its Gallagher Arthur J & Co (AJG) Stake; Cornerstone Capital Management Holdings Trimmed Its First Foundation (FFWM) Position

April 18, 2018 - By Darrin Black

Arthur J. Gallagher & Co. (NYSE:AJG) Logo

Gateway Investment Advisers Llc decreased Gallagher Arthur J & Co (AJG) stake by 11.82% reported in 2017Q4 SEC filing. Gateway Investment Advisers Llc sold 47,539 shares as Gallagher Arthur J & Co (AJG)’s stock rose 7.88%. The Gateway Investment Advisers Llc holds 354,601 shares with $22.44M value, down from 402,140 last quarter. Gallagher Arthur J & Co now has $12.68 billion valuation. The stock increased 0.53% or $0.37 during the last trading session, reaching $69.65. About 1.05 million shares traded. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 19.44% since April 18, 2017 and is uptrending. It has outperformed by 7.89% the S&P500.

Cornerstone Capital Management Holdings Llc decreased First Foundation Inc (FFWM) stake by 19.96% reported in 2017Q4 SEC filing. Cornerstone Capital Management Holdings Llc sold 20,000 shares as First Foundation Inc (FFWM)’s stock declined 2.39%. The Cornerstone Capital Management Holdings Llc holds 80,210 shares with $1.49M value, down from 100,210 last quarter. First Foundation Inc now has $705.35 million valuation. The stock decreased 1.15% or $0.21 during the last trading session, reaching $18.09. About 151,051 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 18.77% since April 18, 2017 and is uptrending. It has outperformed by 7.22% the S&P500.

Among 4 analysts covering First Foundation (NASDAQ:FFWM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. First Foundation has $31 highest and $18 lowest target. $20.13’s average target is 11.28% above currents $18.09 stock price. First Foundation had 12 analyst reports since October 23, 2015 according to SRatingsIntel. The stock of First Foundation Inc. (NASDAQ:FFWM) has “Buy” rating given on Thursday, March 29 by Sandler O’Neill. The stock has “Mkt Perform” rating by FBR Capital on Tuesday, December 20. As per Friday, October 28, the company rating was maintained by FBR Capital. The firm has “Outperform” rating by FBR Capital given on Friday, July 1. FBR Capital maintained the shares of FFWM in report on Friday, July 29 with “Outperform” rating. The firm has “Buy” rating by FBR Capital given on Thursday, February 1. As per Tuesday, December 19, the company rating was maintained by FBR Capital. The firm earned “Outperform” rating on Thursday, June 22 by FBR Capital. The stock has “Buy” rating by FBR Capital on Monday, July 17.

Analysts await First Foundation Inc. (NASDAQ:FFWM) to report earnings on April, 24 before the open. They expect $0.26 earnings per share, up 44.44% or $0.08 from last year’s $0.18 per share. FFWM’s profit will be $10.14 million for 17.39 P/E if the $0.26 EPS becomes a reality. After $0.25 actual earnings per share reported by First Foundation Inc. for the previous quarter, Wall Street now forecasts 4.00% EPS growth.

Cornerstone Capital Management Holdings Llc increased Cummins Inc (NYSE:CMI) stake by 26,092 shares to 289,796 valued at $51.19M in 2017Q4. It also upped Paychex Inc (NASDAQ:PAYX) stake by 5,062 shares and now owns 60,122 shares. Perrigo Co Plc (NYSE:PRGO) was raised too.

Since February 2, 2018, it had 0 insider buys, and 9 insider sales for $2.05 million activity. 22,000 First Foundation Inc. (NASDAQ:FFWM) shares with value of $409,420 were sold by LARSEN GERALD L.. BRIGGS MAX sold 5,305 shares worth $101,379. KELLER ULRICH E. JR had sold 10,000 shares worth $186,600 on Monday, February 5. HAKOPIAN JOHN also sold $202,824 worth of First Foundation Inc. (NASDAQ:FFWM) shares. $298,749 worth of First Foundation Inc. (NASDAQ:FFWM) was sold by FIX WARREN D.

Investors sentiment decreased to 2.21 in 2017 Q4. Its down 0.92, from 3.13 in 2017Q3. It dropped, as 6 investors sold FFWM shares while 18 reduced holdings. 14 funds opened positions while 39 raised stakes. 19.43 million shares or 47.61% less from 37.09 million shares in 2017Q3 were reported. Boston Ptnrs invested 0.02% of its portfolio in First Foundation Inc. (NASDAQ:FFWM). The Illinois-based Rmb Management Ltd Com has invested 0.33% in First Foundation Inc. (NASDAQ:FFWM). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,320 shares. Cornerstone Ltd Liability Com holds 0.01% or 80,210 shares. Dimensional Fund Advisors Limited Partnership has invested 0% in First Foundation Inc. (NASDAQ:FFWM). Prudential Financial holds 33,510 shares or 0% of its portfolio. Royal Commercial Bank Of Canada owns 2,791 shares. Hollencrest Cap Mgmt owns 12,925 shares. Legal And General Grp Public Ltd Com reported 0% stake. Chesley Taft & Ltd Liability Co stated it has 0.07% in First Foundation Inc. (NASDAQ:FFWM). Aqr Capital Mngmt Limited Company stated it has 25,048 shares. Parallax Volatility Advisers Limited Partnership reported 0% in First Foundation Inc. (NASDAQ:FFWM). Second Curve Ltd Limited Liability Company has 0.07% invested in First Foundation Inc. (NASDAQ:FFWM) for 10,000 shares. New York-based Retail Bank Of Mellon Corp has invested 0% in First Foundation Inc. (NASDAQ:FFWM). Fmr Ltd Com accumulated 1.71 million shares or 0% of the stock.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.13, from 1.08 in 2017Q3. It improved, as 23 investors sold AJG shares while 166 reduced holdings. 77 funds opened positions while 151 raised stakes. 146.59 million shares or 1.84% more from 143.95 million shares in 2017Q3 were reported. Somerset Trust Com has 0.27% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 8,663 shares. Comerica Bancorp owns 519,455 shares for 0.23% of their portfolio. Robeco Institutional Asset Mngmt Bv owns 74,475 shares. Ftb Advisors invested in 5,454 shares or 0.03% of the stock. 4,193 were reported by Coldstream Management. Wagner Bowman Mgmt holds 0.21% or 12,700 shares in its portfolio. The Louisiana-based Louisiana State Employees Retirement Sys has invested 0.03% in Arthur J. Gallagher & Co. (NYSE:AJG). Norinchukin State Bank The invested in 12,193 shares. Hartford has 290 shares. National Asset Mgmt holds 4,837 shares or 0.04% of its portfolio. Quantitative Investment Mngmt Ltd Llc owns 30,000 shares or 0.03% of their US portfolio. Moreover, New Mexico Educational Retirement Board has 0.04% invested in Arthur J. Gallagher & Co. (NYSE:AJG). United Fire owns 0.21% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 10,321 shares. Palouse Mgmt Incorporated has 1.48% invested in Arthur J. Gallagher & Co. (NYSE:AJG). Gsa Cap Ptnrs Llp owns 0.04% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 9,104 shares.

Among 14 analysts covering Arthur J. Gallagher (NYSE:AJG), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Arthur J. Gallagher had 52 analyst reports since August 28, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Friday, August 11 report. Compass Point maintained Arthur J. Gallagher & Co. (NYSE:AJG) rating on Friday, July 29. Compass Point has “Buy” rating and $59 target. Wells Fargo maintained it with “Buy” rating and $74.0 target in Friday, December 8 report. RBC Capital Markets maintained the shares of AJG in report on Thursday, October 29 with “Sector Perform” rating. The rating was maintained by Citigroup with “Neutral” on Thursday, July 13. RBC Capital Markets maintained the stock with “Hold” rating in Friday, July 28 report. The firm has “Hold” rating by Deutsche Bank given on Wednesday, October 4. William Blair upgraded the stock to “Market Perform” rating in Monday, March 21 report. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with “Buy”. The firm earned “Buy” rating on Thursday, August 17 by Keefe Bruyette & Woods.

Analysts await Arthur J. Gallagher & Co. (NYSE:AJG) to report earnings on April, 26. They expect $0.95 earnings per share, up 137.50% or $0.55 from last year’s $0.4 per share. AJG’s profit will be $172.95 million for 18.33 P/E if the $0.95 EPS becomes a reality. After $0.82 actual earnings per share reported by Arthur J. Gallagher & Co. for the previous quarter, Wall Street now forecasts 15.85% EPS growth.

Gateway Investment Advisers Llc increased Signature Bk New York N Y (NASDAQ:SBNY) stake by 2,773 shares to 83,000 valued at $11.39M in 2017Q4. It also upped Vmware Inc (NYSE:VMW) stake by 51,362 shares and now owns 79,120 shares. Deere & Co (NYSE:DE) was raised too.

Since November 3, 2017, it had 0 buys, and 11 sales for $4.47 million activity. 600 shares were sold by English Frank E. Jr., worth $38,226. $815,733 worth of Arthur J. Gallagher & Co. (NYSE:AJG) was sold by DURKIN JAMES W JR. 11,500 shares were sold by GALLAGHER THOMAS JOSEPH, worth $802,700 on Monday, January 29. HOWELL DOUGLAS K sold $743,492 worth of stock or 10,800 shares. The insider Pietrucha Susan E sold $103,143. Cavaness Joel D sold $768,500 worth of Arthur J. Gallagher & Co. (NYSE:AJG) on Friday, March 9. On Tuesday, February 27 the insider Ziebell William F sold $619,529.

First Foundation Inc. (NASDAQ:FFWM) Institutional Positions Chart

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