Dearborn Partners Has Raised Arthur J Gallagher & Co (AJG) Holding by $12.60 Million as Share Price Rose; Michaels Cos (MIK) Position Held by Goldentree Asset Management Lp

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Goldentree Asset Management Lp increased its stake in Michaels Cos Inc (MIK) by 22.57% based on its latest 2018Q4 regulatory filing with the SEC. Goldentree Asset Management Lp bought 363,886 shares as the company’s stock declined 21.61% while stock markets rallied. The hedge fund held 1.98M shares of the consumer services company at the end of 2018Q4, valued at $26.75 million, up from 1.61 million at the end of the previous reported quarter. Goldentree Asset Management Lp who had been investing in Michaels Cos Inc for a number of months, seems to be bullish on the $2.01B market cap company. The stock increased 0.16% or $0.02 during the last trading session, reaching $12.71. About 2.05M shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 42.26% since April 15, 2018 and is downtrending. It has underperformed by 46.63% the S&P500. Some Historical MIK News: 22/03/2018 – MICHAELS 4Q ADJ EPS $1.19, EST. $1.18; 17/05/2018 – CPSC: MICHAELS RECALLS POTTERY WHEEL KITS FOR FIRE-BURN HAZARD; 22/03/2018 – Michaels Cos. Sees FY18 Capex $160 Million-$170 Million; 04/04/2018 – Martha Stewart Collection To Expand At Michaels Stores — MarketWatch; 22/03/2018 – MICHAELS 4Q EPS $1.11; 22/03/2018 – Michaels Cos. to Close 94 Full-Size Aaron Brothers Stores, Reposition Aaron Brothers as a ‘Store-Within-a-Store’; 26/04/2018 – NEDAS Appoints Linda Michaels as Vice President of Business Development; 04/04/2018 – Michaels and Sequential Brands Group Announce Expansion of Martha Stewart Offerings; 04/04/2018 – MICHAELS & SEQUENTIAL BRANDS EXPAND MARTHA STEWART OFFERINGS; 07/03/2018 Hand Baldachin & Amburgey Welcomes Litigation Partner Adam Michaels

Dearborn Partners Llc increased its stake in Arthur J Gallagher & Co (AJG) by 89.79% based on its latest 2018Q4 regulatory filing with the SEC. Dearborn Partners Llc bought 172,650 shares as the company’s stock rose 1.96% with the market. The institutional investor held 364,933 shares of the specialty insurers company at the end of 2018Q4, valued at $26.90 million, up from 192,283 at the end of the previous reported quarter. Dearborn Partners Llc who had been investing in Arthur J Gallagher & Co for a number of months, seems to be bullish on the $14.91 billion market cap company. The stock increased 1.07% or $0.85 during the last trading session, reaching $80.52. About 908,982 shares traded. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 16.45% since April 15, 2018 and is uptrending. It has outperformed by 12.08% the S&P500. Some Historical AJG News: 28/03/2018 – Survey by U.S. Pollster Arthur J. Finkelstein & Associates Shows High Approval Rating for Aliyev Ahead of Presidential Election; 29/05/2018 – ARTHUR J GALLAGHER & CO – TERMS OF THE TRANSACTION WERE NOT DISCLOSED; 18/05/2018 – INSURANCE BROKER ARTHUR J. GALLAGHER & CO SAYS COMPANY WILL CONTINUE TO MONITOR DEVELOPMENTS ON U.S. WITHDRAWAL FROM IRAN NUCLEAR DEAL; 01/05/2018 – Arthur J Gallagher & Co 1Q Adj EPS $1.30; 01/05/2018 – Arthur J Gallagher & Co 1Q Rev $1.2B; 12/04/2018 – ARTHUR J GALLAGHER – AGREED TO MULTI-YEAR STRATEGIC BUSINESS, MARKETING PARTNERSHIP WITH 2018-19 SEASON AS OFFICIAL TITLE SPONSOR OF PREMIERSHIP RUGBY; 01/05/2018 – ARTHUR J. GALLAGHER 1Q ADJ. REV. $1,192.7M; 10/05/2018 – ARTHUR J. GALLAGHER SIGNS PACT TO BUY PRONTO INSURANCE; 10/05/2018 – Arthur J. Gallagher & Co. Signs Definitive Agreement To Acquire Pronto Insurance; 19/04/2018 – DJ Arthur J Gallagher & Co, Inst Holders, 1Q 2018 (AJG)

More notable recent The Michaels Companies, Inc. (NASDAQ:MIK) news were published by: Nasdaq.com which released: “Consumer Sector Update for 03/19/2019: AMCN, MIK, DSW, WMT, MCD, DIS, CVS, KO – Nasdaq” on March 19, 2019, also Nasdaq.com with their article: “Consumer Sector Update for 03/19/2019: MIK,AMCN,DSW – Nasdaq” published on March 19, 2019, Nasdaq.com published: “Mid-Afternoon Market Update: U.S. Stocks Turn Lower; Blucora Shares Spike Higher – Nasdaq” on March 19, 2019. More interesting news about The Michaels Companies, Inc. (NASDAQ:MIK) were released by: Seekingalpha.com and their article: “Michaels Companies: Still Cheap – And Still Risky – Seeking Alpha” published on March 25, 2019 as well as Benzinga.com‘s news article titled: “45 Stocks Moving In Tuesday’s Mid-Day Session – Benzinga” with publication date: March 19, 2019.

Investors sentiment decreased to 0.8 in Q4 2018. Its down 0.11, from 0.91 in 2018Q3. It is negative, as 24 investors sold MIK shares while 95 reduced holdings. 37 funds opened positions while 58 raised stakes. 179.14 million shares or 2.47% more from 174.83 million shares in 2018Q3 were reported. Aperio Group Limited Liability Company has 0.01% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 97,976 shares. Dupont Corporation has 0.06% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Bancshares Of Montreal Can invested in 0% or 336,182 shares. Pub Employees Retirement Association Of Colorado invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Ftb Advsrs accumulated 1,380 shares. Goldman Sachs Group holds 0.01% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK) for 1.20M shares. Shine Inv Advisory Svcs Incorporated reported 274 shares or 0% of all its holdings. Gsa Cap Partners Ltd Liability Partnership holds 0.1% or 65,876 shares in its portfolio. Riverhead Ltd Liability Corporation has invested 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). Pnc Finance Services stated it has 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Magnetar Fincl owns 13,075 shares. Sg Americas Secs holds 0% or 10,844 shares. Amalgamated Bank & Trust invested in 21,820 shares or 0.01% of the stock. Pathstone Family Office Ltd Co holds 0% or 157 shares. Bluecrest Cap Mngmt Limited accumulated 46,108 shares or 0.03% of the stock.

Since December 19, 2018, it had 1 insider buy, and 1 sale for $207,374 activity. $85,426 worth of Arthur J. Gallagher & Co. (NYSE:AJG) was sold by English Frank E. Jr. on Tuesday, February 5.

More notable recent Arthur J. Gallagher & Co. (NYSE:AJG) news were published by: Prnewswire.com which released: “Arthur J. Gallagher & Co. Acquires McLean Insurance Agency, Inc. – PRNewswire” on March 25, 2019, also Prnewswire.com with their article: “New Study Shows How Fewer than 1 in 10 Employers Become the Best of the Best in Managing Both Healthcare Costs and HR – PRNewswire” published on April 03, 2019, Seekingalpha.com published: “Arthur J.Gallagher declares $0.43 dividend – Seeking Alpha” on January 30, 2019. More interesting news about Arthur J. Gallagher & Co. (NYSE:AJG) were released by: Finance.Yahoo.com and their article: “Arthur J Gallagher & Co (NYSE:AJG): What You Have To Know Before Buying For The Upcoming Dividend – Yahoo Finance” published on September 03, 2018 as well as Prnewswire.com‘s news article titled: “Gallagher CEO’s signature another step in commitment to building a more diverse and inclusive workplace – PRNewswire” with publication date: April 11, 2019.

Arthur J. Gallagher & Co. (NYSE:AJG) Institutional Positions Chart