Landscape Capital Management L.L.C. Lowers Stake in Aon plc (NYSE:AON)

Landscape Capital Management L.L.C. trimmed its position in Aon plc (NYSE:AON - Free Report) by 35.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,078 shares of the financial services provider's stock after selling 1,711 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in AON were worth $1,105,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. V Square Quantitative Management LLC raised its position in shares of AON by 1.3% in the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider's stock valued at $840,000 after buying an additional 31 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of AON by 5.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider's stock valued at $242,000 after purchasing an additional 33 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of AON by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider's stock valued at $1,326,000 after purchasing an additional 33 shares during the last quarter. Moors & Cabot Inc. grew its position in AON by 3.0% during the 4th quarter. Moors & Cabot Inc. now owns 1,130 shares of the financial services provider's stock worth $406,000 after acquiring an additional 33 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its stake in shares of AON by 3.5% in the fourth quarter. Sandy Cove Advisors LLC now owns 1,004 shares of the financial services provider's stock valued at $361,000 after buying an additional 34 shares during the period. 86.14% of the stock is owned by institutional investors.

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Analyst Ratings Changes

A number of equities research analysts have commented on the company. Redburn Atlantic upgraded AON to a "hold" rating in a research report on Tuesday, March 25th. Jefferies Financial Group boosted their price objective on AON from $396.00 to $416.00 and gave the company a "hold" rating in a report on Friday. Redburn Partners set a $445.00 price target on AON in a research report on Tuesday, March 25th. Royal Bank of Canada raised 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. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, AON has an average rating of "Hold" and an average price target of $393.87.

AON Price Performance

AON stock traded up $6.24 during midday trading on Friday, reaching $375.26. 1,759,625 shares of the stock traded hands, compared to its average volume of 1,219,721. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market cap of $81.06 billion, a P/E ratio of 29.64, a PEG ratio of 2.12 and a beta of 0.82. Aon plc has a 12 month low of $268.06 and a 12 month high of $412.97. The stock's fifty day moving average is $390.58 and its 200-day moving average is $374.56.

AON (NYSE:AON - Get Free Report) last released its earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating analysts' consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same quarter in the previous year, the business earned $3.89 EPS. As a group, equities research analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a dividend yield of 0.79%. This is an increase from AON's previous quarterly dividend of $0.68. AON's payout ratio is currently 21.33%.

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.