Aon plc (NYSE:AON) Shares Bought by Aviva PLC

Aviva PLC raised its holdings in Aon plc (NYSE:AON - Free Report) by 19.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 255,760 shares of the financial services provider's stock after acquiring an additional 40,850 shares during the period. Aviva PLC owned 0.12% of AON worth $91,859,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AON. Edgestream Partners L.P. boosted its stake in AON by 67.9% in the 3rd quarter. Edgestream Partners L.P. now owns 1,400 shares of the financial services provider's stock worth $484,000 after buying an additional 566 shares during the last quarter. Benjamin Edwards Inc. acquired a new position in shares of AON during the third quarter worth about $224,000. Centiva Capital LP purchased a new stake in shares of AON in the third quarter worth about $229,000. Hilltop Holdings Inc. grew its stake in shares of AON by 101.2% in the third quarter. Hilltop Holdings Inc. now owns 1,642 shares of the financial services provider's stock valued at $568,000 after buying an additional 826 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in AON by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 38,338 shares of the financial services provider's stock worth $13,224,000 after acquiring an additional 509 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

AON Stock Performance

Shares of NYSE:AON traded down $3.50 during trading on Thursday, reaching $369.87. 520,874 shares of the company's stock traded hands, compared to its average volume of 1,210,991. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The company has a 50 day moving average of $390.77 and a 200-day moving average of $374.21. Aon plc has a 12 month low of $268.06 and a 12 month high of $412.97. The stock has a market capitalization of $79.89 billion, a P/E ratio of 29.26, a price-to-earnings-growth ratio of 2.12 and a beta of 0.82.

AON (NYSE:AON - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share (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 last year, the company posted $3.89 earnings per share. On average, equities analysts expect that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were given a $0.675 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.73%. AON's dividend payout ratio is presently 21.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AON shares. Redburn Partners set a $445.00 target price on shares of AON in a research note on Tuesday, March 25th. JPMorgan Chase & Co. increased their price target on AON from $394.00 to $409.00 and gave the company an "overweight" rating in a report on Tuesday. Royal Bank of Canada lifted their price objective on AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a report on Monday, February 3rd. Evercore ISI upgraded 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 note on Wednesday, January 8th. Finally, Redburn Atlantic upgraded shares of AON to a "hold" rating in a research note on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, AON currently has an average rating of "Hold" and an average target price of $391.13.

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.