Fiera Capital Corp Sells 45,824 Shares of Aon plc (NYSE:AON)

Fiera Capital Corp decreased its position in shares of Aon plc (NYSE:AON - Free Report) by 8.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 484,561 shares of the financial services provider's stock after selling 45,824 shares during the period. Fiera Capital Corp owned 0.22% of AON worth $167,653,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Y.D. More Investments Ltd bought a new stake in AON in the second quarter worth $31,000. Eastern Bank acquired a new position in AON during the 3rd quarter worth about $43,000. Nemes Rush Group LLC acquired a new position in shares of AON during the second quarter valued at $45,000. Bruce G. Allen Investments LLC raised its position in shares of AON by 52.7% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider's stock valued at $49,000 after acquiring an additional 58 shares during the last quarter. Finally, LRI Investments LLC bought a new position in AON during the 1st quarter worth approximately $55,000. 86.14% of the stock is owned by institutional investors.

AON Price Performance

AON stock traded up $3.85 during trading on Friday, hitting $383.72. The company had a trading volume of 776,803 shares, compared to its average volume of 1,174,945. The company has a fifty day moving average price of $355.63 and a two-hundred day moving average price of $321.01. The company has a market cap of $82.99 billion, a P/E ratio of 32.38, a P/E/G ratio of 2.39 and a beta of 0.91. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $389.21.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a $0.675 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.70%. AON's dividend payout ratio is 22.78%.

Analysts Set New Price Targets

AON has been the topic of several research analyst reports. Barclays started coverage on AON in a research note on Wednesday, September 4th. They issued an "overweight" rating and a $394.00 price objective on the stock. Evercore ISI lifted their price objective on shares of AON from $338.00 to $384.00 and gave the company an "in-line" rating in a research note on Wednesday, October 9th. TD Cowen upped their price target on AON from $413.00 to $432.00 in a report on Thursday, October 24th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $335.00 price target on shares of AON in a research report on Monday, August 5th. Finally, Piper Sandler lifted their price objective on AON from $312.00 to $335.00 and gave the company a "neutral" rating in a research note on Monday, July 29th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $359.19.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.