EPS for Brown & Brown, Inc. (BRO) Expected At $0.57

March 14, 2018 - By Nellie Frank

 EPS for Brown & Brown, Inc. (BRO) Expected At $0.57
Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.13, from 1.29 in 2017Q2. It worsened, as 20 investors sold Brown & Brown, Inc. shares while 79 reduced holdings. 32 funds opened positions while 83 raised stakes. 99.49 million shares or 0.74% less from 100.23 million shares in 2017Q2 were reported.
205,000 are held by Weiss Multi. Ironwood Investment Counsel Ltd Com stated it has 1.16% of its portfolio in Brown & Brown, Inc. (NYSE:BRO). Teacher Retirement Systems Of Texas reported 9,838 shares or 0% of all its holdings. Benjamin F Edwards And Incorporated reported 15,818 shares. Altrinsic Glob Advsrs Limited Liability Co holds 18,418 shares. Goldman Sachs Gp has 0.01% invested in Brown & Brown, Inc. (NYSE:BRO). State Board Of Administration Of Florida Retirement Systems invested in 192,662 shares. Centaur Cap Lp invested in 60,000 shares. Quantitative Systematic Strategies Ltd Limited Liability Company stated it has 43,860 shares or 0.56% of all its holdings. Great West Life Assurance Co Can holds 0.01% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 95,415 shares. Martingale Asset Mngmt Limited Partnership stated it has 363,739 shares or 0.24% of all its holdings. Panagora Asset Mgmt reported 7,644 shares. Hartford Inv Management reported 4,200 shares or 0% of all its holdings. Susquehanna Limited Liability Partnership owns 20,645 shares or 0% of their US portfolio. Thompson Siegel & Walmsley Ltd Liability accumulated 0% or 381 shares.

Analysts expect Brown & Brown, Inc. (NYSE:BRO) to report $0.57 EPS on April, 16.They anticipate $0.14 EPS change or 32.56 % from last quarter’s $0.43 EPS. BRO’s profit would be $78.55M giving it 23.16 P/E if the $0.57 EPS is correct. After having $0.47 EPS previously, Brown & Brown, Inc.’s analysts see 21.28 % EPS growth. The stock decreased 0.99% or $0.53 during the last trading session, reaching $52.8. About 519,288 shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 19.69% since March 14, 2017 and is uptrending. It has outperformed by 2.99% the S&P500.

Brown & Brown, Inc. (NYSE:BRO) Ratings Coverage

Among 14 analysts covering Brown & Brown (NYSE:BRO), 2 have Buy rating, 3 Sell and 9 Hold. Therefore 14% are positive. Brown & Brown had 48 analyst reports since August 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained Brown & Brown, Inc. (NYSE:BRO) on Monday, June 12 with “Hold” rating. On Tuesday, September 1 the stock rating was downgraded by Zacks to “Hold”. Zacks upgraded the shares of BRO in report on Monday, September 7 to “Hold” rating. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Hold” rating by RBC Capital Markets on Monday, July 17. The firm has “Neutral” rating given on Wednesday, January 27 by Compass Point. JP Morgan initiated the stock with “Underweight” rating in Tuesday, June 28 report. On Monday, July 17 the stock rating was maintained by Wells Fargo with “Hold”. The firm has “Sell” rating by Citigroup given on Friday, February 9. Wells Fargo maintained the stock with “Hold” rating in Tuesday, August 15 report. The stock of Brown & Brown, Inc. (NYSE:BRO) has “Underweight” rating given on Monday, October 16 by Barclays Capital.

Brown & Brown, Inc. markets and sells insurance services and products primarily in the United States, as well as in England, Bermuda, and the Cayman Islands. The company has market cap of $7.28 billion. The Company’s Retail segment provides property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management and loss control surveys and analysis, consultation, and claims processing services. It has a 18.79 P/E ratio. The companyÂ’s National Programs segment offers professional liability and related package insurance products for professional groups comprising dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities.

More notable recent Brown & Brown, Inc. (NYSE:BRO) news were published by: Prnewswire.com which released: “Brown & Brown, Inc. Recognized for Contribution to the American Red Cross …” on February 13, 2018, also Insurancejournal.com with their article: “Brown & Brown Acquires New York’s yourPFO Consulting” published on February 20, 2018, Nasdaq.com published: “Brown & Brown’s (BRO) Unit Buys Assets of Kerxton Insurance” on March 02, 2018. More interesting news about Brown & Brown, Inc. (NYSE:BRO) were released by: Globenewswire.com and their article: “Brown & Brown, Inc. Announces the Asset Acquisition of Kerxton Insurance …” published on March 01, 2018 as well as Businessinsurance.com‘s news article titled: “Brown & Brown acquires agency” with publication date: March 02, 2018.

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