Retireful LLC purchased a new position in Aon plc (NYSE:AON - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,195 shares of the financial services provider's stock, valued at approximately $759,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Y.D. More Investments Ltd acquired a new position in AON in the second quarter valued at $31,000. First Personal Financial Services purchased a new position in AON in the 3rd quarter worth approximately $37,000. Eastern Bank purchased a new position in shares of AON during the 3rd quarter valued at approximately $43,000. Nemes Rush Group LLC purchased a new position in shares of AON during the 2nd quarter valued at approximately $45,000. Finally, Bruce G. Allen Investments LLC boosted its stake in shares of AON by 52.7% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider's stock valued at $49,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.
AON Trading Up 0.2 %
Shares of AON traded up $0.93 during trading hours on Wednesday, reaching $380.08. The stock had a trading volume of 777,546 shares, compared to its average volume of 1,175,037. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 52 week low of $268.06 and a 52 week high of $389.21. The firm has a 50-day moving average of $360.28 and a 200 day moving average of $325.88. The company has a market cap of $82.20 billion, a P/E ratio of 32.00, a P/E/G ratio of 2.38 and a beta of 0.91.
AON Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Friday, November 1st. AON's dividend payout ratio is currently 22.78%.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. Barclays initiated coverage on AON in a research report on Wednesday, September 4th. They set an "overweight" rating and a $394.00 price target on the stock. Keefe, Bruyette & Woods raised their price target on AON from $385.00 to $415.00 and gave the company an "outperform" rating in a report on Tuesday, October 29th. Piper Sandler raised their price target on AON from $312.00 to $335.00 and gave the company a "neutral" rating in a report on Monday, July 29th. Bank of America increased their target price on shares of AON from $345.00 to $375.00 and gave the company an "underperform" rating in a research note on Thursday, October 10th. Finally, Jefferies Financial Group boosted their price target on shares of AON from $344.00 to $365.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, AON presently has an average rating of "Hold" and a consensus price target of $359.19.
Read Our Latest Analysis on AON
AON Company Profile
(
Free Report)
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.
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