Aon plc (NYSE:AON) Shares Acquired by Financiere des Professionnels Fonds d investissement inc.

Financiere des Professionnels Fonds d investissement inc. boosted its stake in shares of Aon plc (NYSE:AON - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,757 shares of the financial services provider's stock after purchasing an additional 1,784 shares during the quarter. AON comprises 1.6% of Financiere des Professionnels Fonds d investissement inc.'s holdings, making the stock its 9th largest holding. Financiere des Professionnels Fonds d investissement inc.'s holdings in AON were worth $23,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Endeavor Private Wealth Inc. acquired a new stake in AON in the fourth quarter worth about $29,000. Richardson Financial Services Inc. boosted its stake in AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after purchasing an additional 81 shares in the last quarter. Anchor Investment Management LLC boosted its stake in AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock worth $35,000 after purchasing an additional 93 shares in the last quarter. First Personal Financial Services acquired a new stake in shares of AON during the third quarter worth $37,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in shares of AON during the third quarter worth $42,000. 86.14% of the stock is currently owned by institutional investors.

AON Price Performance

AON stock traded down $1.84 during trading on Thursday, hitting $393.04. The stock had a trading volume of 667,938 shares, compared to its average volume of 1,018,053. The company's 50-day moving average price is $367.38 and its two-hundred day moving average price is $360.88. Aon plc has a twelve month low of $268.06 and a twelve month high of $395.65. The stock has a market capitalization of $85.00 billion, a P/E ratio of 31.05, a PEG ratio of 2.13 and a beta of 0.93. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05.

AON (NYSE:AON - Get Free Report) last announced its earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating analysts' consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same quarter in the previous year, the company earned $3.89 earnings per share. As a group, research analysts predict that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were given a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Monday, February 3rd. AON's dividend payout ratio (DPR) is 21.33%.

Analyst Ratings Changes

A number of analysts have commented on the company. TD Cowen lifted their price target on AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Barclays lifted their price objective on shares of AON from $394.00 to $440.00 and gave the company an "overweight" rating in a research note on Thursday, November 21st. Royal Bank of Canada lifted their price objective on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. BMO Capital Markets boosted their target price on shares of AON from $325.00 to $380.00 and gave the company a "market perform" rating in a research report on Monday, November 4th. Finally, Evercore ISI upgraded shares of AON from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, AON currently has a consensus rating of "Hold" and an average price target of $386.21.

Insider Activity

In other news, COO Mindy F. Simon sold 650 shares of the firm's stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the sale, the chief operating officer now owns 1,816 shares in the company, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the firm's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company's stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company's stock.

AON Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.