Swiss National Bank decreased its stake in shares of Aon plc (NYSE:AON - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 552,300 shares of the financial services provider's stock after selling 28,600 shares during the quarter. Swiss National Bank owned about 0.26% of AON worth $198,364,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Valley Wealth Managers Inc. raised its holdings in shares of 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 purchasing an additional 28 shares during the period. Intellectus Partners LLC grew its stake in AON by 3.2% in the third quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock valued at $343,000 after acquiring an additional 31 shares during the period. V Square Quantitative Management LLC increased its holdings in shares of AON by 1.3% during the fourth quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider's stock valued at $840,000 after acquiring an additional 31 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in 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 during the period. Finally, U.S. Capital Wealth Advisors LLC increased its stake in 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 in the last quarter. Institutional investors own 86.14% of the company's stock.
AON Stock Performance
Shares of NYSE:AON traded down $7.89 during midday trading on Monday, reaching $390.90. The company had a trading volume of 1,825,636 shares, compared to its average volume of 1,102,660. Aon plc has a 52-week low of $268.06 and a 52-week high of $412.97. The company's 50 day moving average price is $381.36 and its 200 day moving average price is $369.13. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market cap of $84.43 billion, a P/E ratio of 30.88, a P/E/G ratio of 2.12 and a beta of 0.92.
AON (NYSE:AON - Get Free Report) last released its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the company posted $3.89 earnings per share. As a group, sell-side analysts anticipate that Aon plc will post 17.21 EPS for the current fiscal year.
AON Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date was Monday, February 3rd. AON's dividend payout ratio is currently 21.33%.
Analysts Set New Price Targets
AON has been the topic of a number of recent research reports. Royal Bank of Canada raised their price objective on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. Evercore ISI upgraded AON from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. boosted their price objective on AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods lifted their target price on AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Finally, Wells Fargo & Company upped their price target on AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $386.21.
Check Out Our Latest Research Report on AON
About AON
(
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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