Hancock Whitney Corp Purchases 933 Shares of Aon plc (NYSE:AON)

Hancock Whitney Corp increased its position in shares of Aon plc (NYSE:AON - Free Report) by 105.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,819 shares of the financial services provider's stock after purchasing an additional 933 shares during the period. Hancock Whitney Corp's holdings in AON were worth $653,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Voya Investment Management LLC lifted its position in shares of AON by 69.4% in the fourth quarter. Voya Investment Management LLC now owns 603,736 shares of the financial services provider's stock valued at $216,838,000 after acquiring an additional 247,349 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in AON by 3.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 5,430 shares of the financial services provider's stock worth $1,950,000 after purchasing an additional 162 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new position in AON in the 4th quarter worth approximately $33,068,000. Ironvine Capital Partners LLC grew its holdings in AON by 0.3% during the 4th quarter. Ironvine Capital Partners LLC now owns 106,937 shares of the financial services provider's stock valued at $38,407,000 after buying an additional 288 shares in the last quarter. Finally, MGO One Seven LLC raised its position in shares of AON by 20.2% during the fourth quarter. MGO One Seven LLC now owns 2,697 shares of the financial services provider's stock valued at $969,000 after buying an additional 453 shares during the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Redburn Atlantic raised shares of AON to a "hold" rating in a research note on Tuesday, March 25th. Redburn Partners set a $445.00 target price on AON in a report on Tuesday, March 25th. Wells Fargo & Company increased their price target on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Keefe, Bruyette & Woods lifted their price objective on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Finally, Royal Bank of Canada increased their target price on AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $393.87.

AON Price Performance

AON stock opened at $336.45 on Friday. The stock has a market cap of $72.67 billion, a PE ratio of 26.58, a P/E/G ratio of 2.12 and a beta of 0.82. Aon plc has a 12 month low of $275.07 and a 12 month high of $412.97. The company has a 50-day moving average price of $386.53 and a 200 day moving average price of $375.76. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58.

AON (NYSE:AON - Get Free Report) last released its earnings results on Friday, April 25th. The financial services provider reported $5.67 EPS for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). AON had a net margin of 16.91% and a return on equity of 70.84%. The business had revenue of $4.73 billion for the quarter, compared to the consensus estimate of $4.83 billion. Equities research analysts anticipate that Aon plc will post 17.21 earnings per share for the current year.

AON Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a dividend yield of 0.89%. This is an increase from AON's previous quarterly dividend of $0.68. The ex-dividend date is Thursday, May 1st. AON's dividend payout ratio (DPR) is 25.38%.

AON Company 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.

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