Vontobel Holding Ltd. Raises Position in Aon plc (NYSE:AON)

Vontobel Holding Ltd. increased its holdings in Aon plc (NYSE:AON - Free Report) by 57.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,415 shares of the financial services provider's stock after acquiring an additional 55,094 shares during the period. Vontobel Holding Ltd. owned about 0.07% of AON worth $54,382,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AON. State Street Corp increased its stake in AON by 0.4% in the 3rd quarter. State Street Corp now owns 8,844,121 shares of the financial services provider's stock valued at $3,059,977,000 after buying an additional 32,417 shares during the last quarter. Geode Capital Management LLC increased its stake in AON by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider's stock valued at $1,489,690,000 after buying an additional 38,447 shares during the last quarter. Veritas Asset Management LLP increased its stake in AON by 41.6% in the 3rd quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider's stock valued at $1,041,623,000 after buying an additional 883,761 shares during the last quarter. Cantillon Capital Management LLC increased its stake in AON by 15.6% in the 3rd quarter. Cantillon Capital Management LLC now owns 1,316,218 shares of the financial services provider's stock valued at $455,398,000 after buying an additional 177,956 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in AON by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,206,763 shares of the financial services provider's stock valued at $417,528,000 after buying an additional 11,922 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

AON Price Performance

NYSE:AON traded up $3.74 during trading hours on Tuesday, hitting $390.73. The stock had a trading volume of 1,029,709 shares, compared to its average volume of 1,034,633. The company has a 50 day simple moving average of $366.14 and a two-hundred day simple moving average of $360.21. 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 plc has a one year low of $268.06 and a one year high of $395.33. The firm has a market capitalization of $84.50 billion, a price-to-earnings ratio of 30.86, a P/E/G ratio of 2.09 and a beta of 0.93.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating the consensus estimate of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same period in the prior year, the business posted $3.89 earnings per share. Research analysts forecast that Aon plc will post 17.24 earnings per share for the current fiscal year.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 0.69%. The ex-dividend date was Monday, February 3rd. AON's payout ratio is 21.33%.

Wall Street Analysts Forecast Growth

AON has been the subject of a number of research reports. Keefe, Bruyette & Woods increased their target price on shares of AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Royal Bank of Canada increased their target price on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research report on Monday, February 3rd. Evercore ISI raised shares of AON from an "in-line" rating to an "outperform" rating and increased their target price for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Wells Fargo & Company increased their target price on shares of AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Finally, BMO Capital Markets raised their price objective on shares of AON from $325.00 to $380.00 and gave the stock a "market perform" rating in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $386.21.

Insider Buying and Selling at AON

In other news, COO Mindy F. Simon sold 650 shares of the firm's stock in a transaction 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 sale, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Lisa Stevens sold 1,275 shares of the firm's stock in a transaction on Tuesday, November 26th. The shares were 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 in the company, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

AON Company 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.