Analysts See $0.27 EPS for Brown & Brown, Inc. (BRO)

June 20, 2018 - By Mona Holcomb

Brown & Brown, Inc. (NYSE:BRO) LogoInvestors sentiment increased to 7.35 in Q1 2018. Its up 6.37, from 0.98 in 2017Q4. It improved, as 13 investors sold Brown & Brown, Inc. shares while 18 reduced holdings. 50 funds opened positions while 178 raised stakes. 384.28 million shares or 295.49% more from 97.17 million shares in 2017Q4 were reported.
Goldman Sachs Gp holds 1.72M shares or 0.01% of its portfolio. Kbc Grp Nv stated it has 236,026 shares. Citigroup has invested 0% in Brown & Brown, Inc. (NYSE:BRO). Victory Capital Mngmt Incorporated accumulated 0.34% or 6.09 million shares. Teton Advisors holds 0.08% or 32,568 shares. Barclays Plc has 0% invested in Brown & Brown, Inc. (NYSE:BRO) for 218,453 shares. Regions Fincl invested in 0% or 1,926 shares. First Personal Financial Svcs, North Carolina-based fund reported 338 shares. Howe Rusling Inc accumulated 200 shares or 0% of the stock. Amer holds 457,668 shares or 0.04% of its portfolio. Southeast Asset stated it has 0.19% in Brown & Brown, Inc. (NYSE:BRO). Carlson L P has 762,500 shares for 0.29% of their portfolio. Polar Cap Ltd Liability Partnership holds 0.57% in Brown & Brown, Inc. (NYSE:BRO) or 2.24 million shares. 210 were reported by Signaturefd Limited Liability Company. M&T Financial Bank invested in 0% or 14,928 shares.

Since March 13, 2018, it had 0 buys, and 1 insider sale for $7.40 million activity.

Analysts expect Brown & Brown, Inc. (NYSE:BRO) to report $0.27 EPS on July, 16.They anticipate $0.02 EPS change or 8.00 % from last quarter’s $0.25 EPS. BRO’s profit would be $74.59 million giving it 26.13 P/E if the $0.27 EPS is correct. After having $0.33 EPS previously, Brown & Brown, Inc.’s analysts see -18.18 % EPS growth. The stock decreased 1.02% or $0.29 during the last trading session, reaching $28.22. About 510,821 shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 29.47% since June 20, 2017 and is uptrending. It has outperformed by 16.90% the S&P500.

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

Among 9 analysts covering Brown & Brown (NYSE:BRO), 2 have Buy rating, 3 Sell and 4 Hold. Therefore 22% are positive. Brown & Brown had 14 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Brown & Brown, Inc. (NYSE:BRO) has “Underweight” rating given on Monday, April 2 by Barclays Capital. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by RBC Capital Markets on Tuesday, January 23 with “Hold”. The rating was maintained by Citigroup on Friday, February 9 with “Sell”. The firm has “Buy” rating by SunTrust given on Tuesday, April 24. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Hold” rating by Deutsche Bank on Thursday, March 29. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Underweight” rating by Morgan Stanley on Tuesday, May 29. The company was maintained on Tuesday, May 8 by Citigroup. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Underweight” rating by Morgan Stanley on Wednesday, March 28. Raymond James maintained it with “Outperform” rating and $30 target in Thursday, April 26 report.

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 $7.80 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 19.12 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 recent Brown & Brown, Inc. (NYSE:BRO) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within Stifel Financial, Cenovus Energy, Brown & Brown, Dover, Affiliated Managers …” on May 31, 2018. Also Globenewswire.com published the news titled: “Brown & Brown, Inc. Announces the Asset Acquisition of Loving and Etheredge, Inc. d/b/a Texas Commercial Insurance …” on June 19, 2018. Bizjournals.com‘s news article titled: “Central Florida insurance giant Brown & Brown strikes a deal” with publication date: June 06, 2018 was also an interesting one.

Brown & Brown, Inc. (NYSE:BRO) Institutional Positions Chart

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