Hantz Financial Services Inc. cut its stake in Aon plc (NYSE:AON - Free Report) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,545 shares of the financial services provider's stock after selling 1,452 shares during the period. Hantz Financial Services Inc.'s holdings in AON were worth $7,800,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Y.D. More Investments Ltd acquired a new stake in shares of AON in the 2nd quarter valued at $31,000. First Personal Financial Services acquired a new position in AON during the third quarter worth about $37,000. RPg Family Wealth Advisory LLC bought a new position in shares of AON in the third quarter worth about $42,000. Eastern Bank acquired a new stake in shares of AON in the 3rd quarter valued at approximately $43,000. Finally, Nemes Rush Group LLC bought a new stake in shares of AON during the 2nd quarter valued at approximately $45,000. 86.14% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at AON
In other AON news, insider Lisa Stevens sold 1,275 shares of the company's 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 completion of the sale, the insider now directly owns 8,077 shares of the company's stock, valued at approximately $3,131,291.36. This represents a 13.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.
Analyst Ratings Changes
AON has been the topic of a number of research analyst reports. BMO Capital Markets raised their target price on shares of AON from $325.00 to $380.00 and gave the company a "market perform" rating in a research report on Monday, November 4th. Bank of America raised their price objective on AON from $345.00 to $375.00 and gave the company an "underperform" rating in a report on Thursday, October 10th. TD Cowen increased their target price on AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Jefferies Financial Group boosted their price target on AON from $344.00 to $365.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods upped their price objective on AON from $385.00 to $415.00 and gave the company an "outperform" rating in a research note on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, AON currently has a consensus rating of "Hold" and a consensus price target of $362.06.
Read Our Latest Analysis on AON
AON Stock Down 0.5 %
Shares of AON traded down $1.77 during trading hours on Friday, hitting $391.54. The stock had a trading volume of 463,005 shares, compared to its average volume of 1,022,800. The firm has a 50 day simple moving average of $366.76 and a 200-day simple moving average of $330.95. Aon plc has a 1-year low of $268.06 and a 1-year 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 firm has a market capitalization of $84.68 billion, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 2.46 and a beta of 0.91.
AON Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, November 1st. AON's dividend payout ratio is currently 22.78%.
AON Company Profile
(
Free Report)
Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.
See Also
Before you consider AON, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AON wasn't on the list.
While AON currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.