Maven Securities LTD Takes $517,000 Position in Aon plc (NYSE:AON)

Maven Securities LTD acquired a new position in Aon plc (NYSE:AON - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,494 shares of the financial services provider's stock, valued at approximately $517,000.

A number of other institutional investors also recently made changes to their positions in AON. Valley Wealth Managers Inc. boosted its position in AON by 3.3% during the third quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider's stock valued at $307,000 after buying an additional 28 shares during the period. CVA Family Office LLC lifted its stake in shares of AON by 8.4% in the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider's stock valued at $129,000 after acquiring an additional 29 shares during the last quarter. Amplius Wealth Advisors LLC grew its position in AON by 2.4% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider's stock worth $460,000 after acquiring an additional 31 shares during the last quarter. Intellectus Partners LLC increased its stake in AON by 3.2% in the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock worth $343,000 after purchasing an additional 31 shares during the period. Finally, waypoint wealth counsel lifted its position in AON by 3.6% in the third quarter. waypoint wealth counsel now owns 927 shares of the financial services provider's stock valued at $321,000 after purchasing an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

AON Stock Down 0.6 %

NYSE:AON traded down $2.27 during mid-day trading on Thursday, hitting $379.73. 851,258 shares of the company's stock were exchanged, compared to its average volume of 1,169,807. The company has a market cap of $82.12 billion, a PE ratio of 32.04, a P/E/G ratio of 2.42 and a beta of 0.91. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05. Aon plc has a one year low of $268.06 and a one year high of $395.33. The business has a fifty day moving average price of $369.65 and a 200 day moving average price of $333.55.

AON Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a dividend of $0.675 per share. The ex-dividend date was Friday, November 1st. This represents a $2.70 annualized dividend and a dividend yield of 0.71%. AON's payout ratio is presently 22.78%.

Insider Transactions at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the 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. This trade represents a 26.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the company's stock in a transaction 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 transaction, the insider now directly owns 8,077 shares in the company, valued at approximately $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of AON from $385.00 to $415.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 29th. TD Cowen upped their price objective on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. BMO Capital Markets raised their target price on AON from $325.00 to $380.00 and gave the stock a "market perform" rating in a research note on Monday, November 4th. Jefferies Financial Group upped their price target on AON from $344.00 to $365.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. Finally, Bank of America lifted 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 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $362.06.

About AON

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.