Ossiam grew its holdings in Aon plc (NYSE:AON - Free Report) by 151.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,880 shares of the financial services provider's stock after buying an additional 14,966 shares during the quarter. Ossiam's holdings in AON were worth $8,936,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Capital International Inc. CA boosted its stake in shares of AON by 6.8% during the 4th quarter. Capital International Inc. CA now owns 69,903 shares of the financial services provider's stock valued at $25,106,000 after purchasing an additional 4,437 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of AON by 10.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 736,916 shares of the financial services provider's stock worth $264,667,000 after acquiring an additional 70,137 shares during the period. First Trust Advisors LP lifted its stake in shares of AON by 5,877.4% in the 4th quarter. First Trust Advisors LP now owns 536,174 shares of the financial services provider's stock valued at $192,572,000 after purchasing an additional 527,204 shares during the period. Forum Financial Management LP raised its holdings in AON by 4.4% in the fourth quarter. Forum Financial Management LP now owns 950 shares of the financial services provider's stock worth $341,000 after purchasing an additional 40 shares in the last quarter. Finally, Capital International Ltd. CA lifted its position in AON by 5.7% during the fourth quarter. Capital International Ltd. CA now owns 38,897 shares of the financial services provider's stock valued at $13,970,000 after buying an additional 2,081 shares during the period. 86.14% of the stock is currently owned by institutional investors.
AON Price Performance
NYSE:AON traded down $3.21 during trading hours on Thursday, hitting $365.62. 641,629 shares of the stock traded hands, compared to its average volume of 1,232,317. The stock has a 50 day moving average price of $388.09 and a 200 day moving average price of $375.63. 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 company has a market cap of $78.97 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.82. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97.
AON (NYSE:AON - Get Free Report) last issued its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same period in the prior year, the company posted $3.89 earnings per share. Sell-side analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.
AON Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.745 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $2.98 annualized dividend and a dividend yield of 0.82%. This is a boost from AON's previous quarterly dividend of $0.68. AON's dividend payout ratio (DPR) is presently 23.54%.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Redburn Atlantic upgraded shares of AON to a "hold" rating in a report on Tuesday, March 25th. JPMorgan Chase & Co. lifted their price target on AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. Wells Fargo & Company lifted their target price on shares of AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Royal Bank of Canada increased their price target on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a report on Monday, February 3rd. Finally, Jefferies Financial Group boosted their price target on AON from $396.00 to $416.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. One equities 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 company. Based on data from MarketBeat, AON has a consensus rating of "Hold" and a consensus target price of $393.87.
Check Out Our Latest Analysis on AON
AON Company Profile
(
Free Report)
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.
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