Capital International Inc. CA Purchases 4,437 Shares of Aon plc (NYSE:AON)

Capital International Inc. CA boosted its holdings in Aon plc (NYSE:AON - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,903 shares of the financial services provider's stock after buying an additional 4,437 shares during the period. Capital International Inc. CA's holdings in AON were worth $25,106,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Value Partners Investments Inc. increased its position in shares of AON by 1.9% during the fourth quarter. Value Partners Investments Inc. now owns 1,485 shares of the financial services provider's stock valued at $533,000 after purchasing an additional 28 shares during the period. V Square Quantitative Management LLC increased its holdings in AON by 1.3% in the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider's stock valued at $840,000 after buying an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of AON by 5.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider's stock valued at $242,000 after buying an additional 33 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of AON by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider's stock valued at $1,326,000 after acquiring an additional 33 shares in the last quarter. Finally, Moors & Cabot Inc. increased its stake in AON by 3.0% in the fourth quarter. Moors & Cabot Inc. now owns 1,130 shares of the financial services provider's stock valued at $406,000 after acquiring an additional 33 shares during the period. 86.14% of the stock is owned by institutional investors.

AON Price Performance

Shares of NYSE AON traded down $3.21 during mid-day trading on Thursday, reaching $365.62. The company had a trading volume of 641,629 shares, compared to its average volume of 1,238,364. The firm has a market cap of $78.97 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 2.12 and a beta of 0.82. The business's 50-day simple moving average is $388.09 and its 200 day simple moving average is $375.63. Aon plc has a one year low of $268.06 and a one year high of $412.97. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40.

AON (NYSE:AON - Get Free Report) last issued its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share 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 period in the prior year, the firm posted $3.89 EPS. On average, research analysts predict that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a dividend of $0.745 per share. This is an increase from AON's previous quarterly dividend of $0.68. The ex-dividend date is Thursday, May 1st. This represents a $2.98 annualized dividend and a dividend yield of 0.82%. AON's dividend payout ratio (DPR) is 23.54%.

Analyst Upgrades and Downgrades

AON has been the subject of several analyst reports. Royal Bank of Canada raised their target price on AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a research report on Monday, February 3rd. Redburn Atlantic raised shares of AON to a "hold" rating in a report on Tuesday, March 25th. Evercore ISI upgraded shares of AON from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods raised their price objective on shares of AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. Finally, Barclays decreased their price target on AON from $440.00 to $430.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, AON has a consensus rating of "Hold" and an average target price of $393.87.

About AON

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.