How Many Brown & Brown, Inc. (NYSE:BRO)’s Analysts Are Bearish?

January 19, 2018 - By Marguerite Chambers

 How Many Brown & Brown, Inc. (NYSE:BRO)'s Analysts Are Bearish?
Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.13, from 1.29 in 2017Q2. It dropped, 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.
Martingale Asset Management Limited Partnership holds 0.24% or 363,739 shares. Fifth Third Bancorporation accumulated 189 shares. Legal And General Grp Plc holds 540,441 shares or 0.02% of its portfolio. Zwj Counsel Inc invested in 0.03% or 7,553 shares. Credit Agricole S A owns 0.01% invested in Brown & Brown, Inc. (NYSE:BRO) for 44,529 shares. Td Asset Mgmt holds 0.01% or 80,473 shares. Renaissance Ltd stated it has 0.08% in Brown & Brown, Inc. (NYSE:BRO). Cubist Systematic Strategies Ltd, a Connecticut-based fund reported 398 shares. Aqr Cap Management Lc accumulated 84,309 shares. Citigroup holds 0% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 34,718 shares. Fdx has 45,781 shares for 0.06% of their portfolio. Clarkston Cap Prtnrs Lc invested in 2.55 million shares or 5.06% of the stock. 46,785 are owned by Barclays Public Limited Company. Hermes Investment Mngmt reported 935,086 shares stake. Teacher Retirement System Of Texas holds 9,838 shares or 0% of its portfolio.

Since August 1, 2017, it had 0 insider purchases, and 1 sale for $839,527 activity.

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 46 analyst reports since August 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Suntrust Robinson on Wednesday, December 6. The stock has “Neutral” rating by Compass Point on Tuesday, September 15. The stock has “Hold” rating by Wells Fargo on Tuesday, August 15. The firm has “Market Perform” rating given on Monday, March 21 by William Blair. RBC Capital Markets maintained Brown & Brown, Inc. (NYSE:BRO) on Tuesday, October 17 with “Hold” rating. The rating was maintained by Compass Point with “Neutral” on Wednesday, January 27. The stock has “Hold” rating by Deutsche Bank on Monday, October 24. The stock of Brown & Brown, Inc. (NYSE:BRO) has “Neutral” rating given on Thursday, July 13 by Citigroup. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, October 21 report. Keefe Bruyette & Woods maintained Brown & Brown, Inc. (NYSE:BRO) on Friday, June 2 with “Hold” rating. Below is a list of Brown & Brown, Inc. (NYSE:BRO) latest ratings and price target changes.

08/01/2018 Broker: Barclays Capital Rating: Sell New Target: $46.0
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $55.0 Maintain
04/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $51.0 Maintain
06/12/2017 Broker: Suntrust Robinson Old Rating: Hold New Rating: Buy Upgrade
06/12/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
08/11/2017 Broker: Citigroup Old Rating: Neutral New Rating: Sell Old Target: $46 Downgrade
17/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $48.0 Maintain
18/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $40 New Target: $43 Maintain
16/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $39 New Target: $43 Maintain
13/10/2017 Broker: SunTrust Rating: Hold New Target: $52.0 Maintain

The stock decreased 0.42% or $0.22 during the last trading session, reaching $52.36. About 806,624 shares traded or 59.41% up from the average. Brown & Brown, Inc. (NYSE:BRO) has risen 19.69% since January 19, 2017 and is uptrending. It has outperformed by 2.99% the S&P500.

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 $7.30 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 27.54 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 news for Brown & Brown, Inc. (NYSE:BRO) were recently published by:, which released: “Brown & Brown, Inc. Announces 2017 Fourth-Quarter Earnings Release and …” on January 02, 2018.‘s article titled: “Form 4 BROWN & BROWN, INC. For: Jan 18 Filed by: BELL SAMUEL P III” and published on January 18, 2018 is yet another important article.

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