C WorldWide Group Holding A S Sells 103,352 Shares of Aon plc $AON

C WorldWide Group Holding A S decreased its position in shares of Aon plc (NYSE:AONFree Report) by 16.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 517,308 shares of the financial services provider’s stock after selling 103,352 shares during the period. AON comprises 2.8% of C WorldWide Group Holding A S’s portfolio, making the stock its 15th biggest position. C WorldWide Group Holding A S owned about 0.24% of AON worth $184,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bessemer Group Inc. increased its holdings in AON by 7.3% during the 3rd quarter. Bessemer Group Inc. now owns 12,082 shares of the financial services provider’s stock valued at $4,308,000 after purchasing an additional 824 shares in the last quarter. Savant Capital LLC grew its holdings in shares of AON by 64.9% during the third quarter. Savant Capital LLC now owns 19,092 shares of the financial services provider’s stock worth $6,808,000 after purchasing an additional 7,512 shares during the last quarter. Machina Capital S.A.S. increased its stake in shares of AON by 299.7% in the third quarter. Machina Capital S.A.S. now owns 12,134 shares of the financial services provider’s stock valued at $4,327,000 after buying an additional 9,098 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of AON by 46.9% in the third quarter. J.W. Cole Advisors Inc. now owns 1,828 shares of the financial services provider’s stock valued at $652,000 after buying an additional 584 shares during the last quarter. Finally, Westside Investment Management Inc. grew its holdings in AON by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 70 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 35 shares during the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Performance

AON stock opened at $350.27 on Thursday. The company has a quick ratio of 1.35, a current ratio of 2.03 and a debt-to-equity ratio of 1.55. Aon plc has a twelve month low of $323.73 and a twelve month high of $412.97. The business’s fifty day moving average is $347.84 and its 200-day moving average is $353.59. The company has a market cap of $75.28 billion, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 1.78 and a beta of 0.83.

AON (NYSE:AONGet Free Report) last released its quarterly earnings data on Friday, January 30th. The financial services provider reported $4.85 EPS for the quarter, beating analysts’ consensus estimates of $4.75 by $0.10. AON had a return on equity of 45.23% and a net margin of 21.51%.The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.38 billion. During the same quarter in the prior year, the company posted $4.42 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. Equities research analysts forecast that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Monday, February 2nd will be issued a dividend of $0.745 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.98 dividend on an annualized basis and a yield of 0.9%. AON’s payout ratio is currently 17.51%.

Trending Headlines about AON

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Analysts Set New Price Targets

AON has been the topic of a number of research reports. TD Cowen reduced their target price on shares of AON from $419.00 to $416.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Barclays upped their price objective on AON from $379.00 to $381.00 and gave the stock an “equal weight” rating in a report on Thursday, January 8th. Evercore ISI reissued an “outperform” rating and issued a $436.00 target price on shares of AON in a research note on Wednesday, January 7th. Wells Fargo & Company dropped their target price on AON from $448.00 to $443.00 and set an “overweight” rating for the company in a research report on Sunday. Finally, The Goldman Sachs Group set a $395.00 price target on AON in a report on Wednesday, January 7th. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, AON has a consensus rating of “Moderate Buy” and a consensus target price of $409.75.

Get Our Latest Analysis on AON

AON Company Profile

(Free Report)

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.

Further Reading

Institutional Ownership by Quarter for AON (NYSE:AON)

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