Aon plc (NYSE:AON) Shares Purchased by Forsta AP Fonden

Forsta AP Fonden boosted its holdings in Aon plc (NYSE:AON - Free Report) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,800 shares of the financial services provider's stock after buying an additional 900 shares during the period. Forsta AP Fonden's holdings in AON were worth $14,295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AON. Endeavor Private Wealth Inc. purchased a new position in shares of AON during the 4th quarter valued at $29,000. Anchor Investment Management LLC grew its position in AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock worth $35,000 after buying an additional 93 shares in the last quarter. First Personal Financial Services bought a new position in AON in the 3rd quarter worth about $37,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of AON in the 3rd quarter valued at about $42,000. Finally, Eastern Bank bought a new stake in shares of AON during the 3rd quarter valued at about $43,000. Hedge funds and other institutional investors own 86.14% of the company's stock.

AON Stock Up 0.3 %

NYSE AON traded up $1.27 during trading on Thursday, hitting $368.01. The company's stock had a trading volume of 568,117 shares, compared to its average volume of 987,867. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $395.33. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market cap of $79.59 billion, a PE ratio of 31.06, a P/E/G ratio of 2.00 and a beta of 0.93. The business's 50 day simple moving average is $366.89 and its 200-day simple moving average is $353.09.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.73%. AON's payout ratio is 22.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. TD Cowen raised their price target on AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Wells Fargo & Company upgraded shares of AON from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $377.00 to $410.00 in a report on Tuesday, January 14th. Barclays lifted their target price on shares of AON from $394.00 to $440.00 and gave the stock an "overweight" rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods decreased their target price on shares of AON from $415.00 to $411.00 and set an "outperform" rating for the company in a research note on Friday, January 10th. Finally, Jefferies Financial Group boosted their price target on AON from $344.00 to $365.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. One investment 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.com, AON currently has an average rating of "Hold" and an average target price of $370.87.

Insider Transactions at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the company's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the sale, the chief operating officer now directly owns 1,816 shares of the company's stock, valued at approximately $716,121.44. This represents a 26.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the transaction, the insider now owns 8,077 shares of the company's stock, valued at $3,131,291.36. The trade was 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.

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.