783 Shares in Aon plc (NYSE:AON) Purchased by Genesis Private Wealth LLC

Genesis Private Wealth LLC acquired a new position in shares of Aon plc (NYSE:AON - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 783 shares of the financial services provider's stock, valued at approximately $281,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Anchor Investment Management LLC boosted its position in shares of 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 during the period. First Personal Financial Services acquired a new stake in shares of AON in the third quarter valued at about $37,000. RPg Family Wealth Advisory LLC bought a new position in AON in the third quarter valued at approximately $42,000. Eastern Bank bought a new stake in shares of AON during the 3rd quarter worth approximately $43,000. Finally, Nemes Rush Group LLC acquired a new position in AON during the second quarter worth $45,000. 86.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AON has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. TD Cowen increased their price objective on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Jefferies Financial Group boosted their target price on shares of AON from $344.00 to $365.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. BMO Capital Markets increased their target price on shares of AON from $325.00 to $380.00 and gave the stock a "market perform" rating in a research report on Monday, November 4th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of AON from $415.00 to $411.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $370.87.

Insider Buying and Selling at AON

In related news, COO Mindy F. Simon sold 650 shares of the firm's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the transaction, the chief operating officer now owns 1,816 shares of the company's stock, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the business's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company's stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

AON Trading Down 0.2 %

NYSE:AON traded down $0.81 on Wednesday, reaching $367.27. 571,052 shares of the stock traded hands, compared to its average volume of 947,656. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The company's 50 day moving average is $368.22 and its 200-day moving average is $350.41. The firm has a market capitalization of $79.43 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 1.99 and a beta of 0.93. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors 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 annualized dividend and a yield of 0.74%. AON's dividend payout ratio is currently 22.78%.

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.