Aon plc (NYSE:AON) Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. boosted its holdings in shares of Aon plc (NYSE:AON - Free Report) by 62.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,003 shares of the financial services provider's stock after buying an additional 2,311 shares during the period. Mesirow Financial Investment Management Inc.'s holdings in AON were worth $2,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of AON by 0.4% in the first quarter. Vanguard Group Inc. now owns 17,661,672 shares of the financial services provider's stock worth $5,894,053,000 after buying an additional 64,500 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in AON by 2.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,552,569 shares of the financial services provider's stock worth $3,685,183,000 after acquiring an additional 309,702 shares during the last quarter. Mawer Investment Management Ltd. raised its holdings in AON by 1.2% in the 2nd quarter. Mawer Investment Management Ltd. now owns 4,405,780 shares of the financial services provider's stock worth $1,293,449,000 after acquiring an additional 52,099 shares during the last quarter. Veritas Asset Management LLP raised its stake in AON by 41.6% during the 3rd quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider's stock valued at $1,041,623,000 after buying an additional 883,761 shares during the last quarter. Finally, Independent Franchise Partners LLP increased its stake in shares of AON by 2.1% in the 2nd quarter. Independent Franchise Partners LLP now owns 2,409,530 shares of the financial services provider's stock worth $707,390,000 after purchasing an additional 49,161 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

AON Trading Down 0.1 %

AON traded down $0.40 during mid-day trading on Monday, hitting $383.38. 722,226 shares of the stock were exchanged, compared to its average volume of 1,174,397. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The company has a market cap of $82.91 billion, a PE ratio of 32.39, a PEG ratio of 2.41 and a beta of 0.91. The firm's fifty day moving average is $355.63 and its two-hundred day moving average is $321.16. Aon plc has a 1-year low of $268.06 and a 1-year high of $389.21.

AON Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.70%. The ex-dividend date is Friday, November 1st. AON's dividend payout ratio (DPR) is presently 22.78%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Keefe, Bruyette & Woods increased their price objective on shares of AON from $385.00 to $415.00 and gave the company an "outperform" rating in a report on Tuesday, October 29th. Evercore ISI upped their target price on shares of AON from $338.00 to $384.00 and gave the company an "in-line" rating in a research report on Wednesday, October 9th. Bank of America increased their price objective on shares of AON from $345.00 to $375.00 and gave the stock an "underperform" rating in a research report on Thursday, October 10th. Barclays started coverage on shares of AON in a research report on Wednesday, September 4th. They issued an "overweight" rating and a $394.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of AON from $311.00 to $353.00 and gave the stock a "hold" rating in a research report on Monday, August 26th. One 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, the company currently has a consensus rating of "Hold" and an average price target of $359.19.

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.