Keybank National Association OH cut its position in Aon PLC (NYSE:AON) by 0.9% during the fourth quarter, Holdings Channel reports. The fund owned 13,941 shares of the company’s stock after selling 125 shares during the period. Keybank National Association OH’s holdings in Aon PLC were worth $1,555,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of AON. Carroll Financial Associates Inc. boosted its stake in Aon PLC by 0.8% in the third quarter. Carroll Financial Associates Inc. now owns 907 shares of the company’s stock worth $102,000 after buying an additional 7 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Aon PLC by 0.5% in the third quarter. Quadrant Capital Group LLC now owns 1,619 shares of the company’s stock worth $178,000 after buying an additional 8 shares during the last quarter. Ronna Sue Cohen boosted its stake in Aon PLC by 0.3% in the third quarter. Ronna Sue Cohen now owns 6,151 shares of the company’s stock worth $692,000 after buying an additional 18 shares during the last quarter. FTB Advisors Inc. boosted its stake in Aon PLC by 2.9% in the third quarter. FTB Advisors Inc. now owns 2,264 shares of the company’s stock worth $255,000 after buying an additional 64 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. boosted its stake in Aon PLC by 2.4% in the third quarter. Cookson Peirce & Co. Inc. now owns 3,045 shares of the company’s stock worth $343,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 83.61% of the company’s stock.
Aon PLC (NYSE:AON) traded down 0.02% on Friday, hitting $117.26. 363,009 shares of the company were exchanged. Aon PLC has a 52 week low of $92.88 and a 52 week high of $117.76. The stock has a market capitalization of $31.15 billion, a P/E ratio of 22.72 and a beta of 1.01. The company has a 50 day moving average price of $113.45 and a 200-day moving average price of $111.63.
Aon PLC (NYSE:AON) last posted its quarterly earnings results on Friday, February 10th. The company reported $2.56 EPS for the quarter, beating the Zacks’ consensus estimate of $2.49 by $0.07. Aon PLC had a net margin of 12.01% and a return on equity of 32.46%. The company earned $3.30 billion during the quarter, compared to analyst estimates of $3.41 billion. During the same period in the prior year, the business posted $2.27 EPS. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, equities analysts expect that Aon PLC will post $6.57 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Wednesday, February 1st were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, January 30th. This represents a $1.32 dividend on an annualized basis and a yield of 1.13%. Aon PLC’s dividend payout ratio is currently 25.53%.
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A number of research analysts have recently issued reports on AON shares. Credit Suisse Group cut shares of Aon PLC to a “sell” rating and set a $115.00 price objective for the company. in a report on Saturday, February 11th. Zacks Investment Research cut shares of Aon PLC from a “hold” rating to a “sell” rating in a report on Wednesday, November 2nd. BMO Capital Markets reiterated a “market perform” rating and set a $126.00 price objective (up from $124.00) on shares of Aon PLC in a report on Thursday. Jefferies Group LLC lifted their price objective on shares of Aon PLC from $129.00 to $137.00 and gave the company a “buy” rating in a report on Monday. Finally, Sandler O’Neill upgraded shares of Aon PLC from a “hold” rating to a “buy” rating in a report on Monday, November 7th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $119.55.
Aon PLC Company Profile
Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.
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