Hantz Financial Services Inc. Has $7.32 Million Stock Position in Aon plc (NYSE:AON)

Hantz Financial Services Inc. reduced its position in shares of Aon plc (NYSE:AON - Free Report) by 9.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,379 shares of the financial services provider's stock after selling 2,166 shares during the quarter. Hantz Financial Services Inc.'s holdings in AON were worth $7,319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Endeavor Private Wealth Inc. acquired a new position in AON during the fourth quarter worth approximately $29,000. Anchor Investment Management LLC increased its holdings in shares of AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock worth $35,000 after acquiring an additional 93 shares during the last quarter. First Personal Financial Services bought a new stake in AON in the 3rd quarter valued at $37,000. RPg Family Wealth Advisory LLC bought a new position in AON during the third quarter worth $42,000. Finally, Eastern Bank acquired a new position in shares of AON in the third quarter valued at $43,000. Institutional investors own 86.14% of the company's stock.

AON Price Performance

Shares of NYSE:AON traded up $2.43 during midday trading on Thursday, hitting $369.17. The stock had a trading volume of 832,645 shares, compared to its average volume of 1,008,512. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $79.84 billion, a P/E ratio of 31.15, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93. The company's 50-day moving average price is $366.89 and its 200-day moving average price is $353.09. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $395.33.

AON Announces Dividend

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

Insider Buying and Selling

In related news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction that occurred on 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 transaction, the insider now owns 8,077 shares of the company's stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Mindy F. Simon sold 650 shares of the business's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at approximately $716,121.44. The trade was a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on AON shares. Wells Fargo & Company upgraded shares of AON from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $377.00 to $410.00 in a research note on Tuesday, January 14th. TD Cowen boosted their price objective on AON from $413.00 to $432.00 in a report on Thursday, October 24th. Keefe, Bruyette & Woods lowered their target price on AON from $415.00 to $411.00 and set an "outperform" rating on the stock in a research note on Friday, January 10th. Evercore ISI upgraded 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 note on Wednesday, January 8th. Finally, Bank of America increased their price objective on AON from $345.00 to $375.00 and gave the stock an "underperform" rating in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, AON has a consensus rating of "Hold" and a consensus price target of $370.87.

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.