Aon plc (NYSE:AON) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its position in shares of Aon plc (NYSE:AON) by 34.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,540 shares of the financial services provider’s stock after purchasing an additional 392 shares during the quarter. Blue Trust Inc.’s holdings in AON were worth $533,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AON. Diamond Hill Capital Management Inc. acquired a new stake in AON in the 3rd quarter valued at about $336,375,000. Vontobel Holding Ltd. grew its position in shares of AON by 150.4% in the third quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock valued at $33,326,000 after purchasing an additional 57,847 shares during the last quarter. State Street Corp raised its position in shares of AON by 0.4% during the 3rd quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after purchasing an additional 32,417 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in AON by 13.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 165,741 shares of the financial services provider’s stock valued at $57,345,000 after buying an additional 20,084 shares in the last quarter. Finally, Retireful LLC purchased a new position in AON during the third quarter worth $759,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Stock Performance

Shares of NYSE:AON opened at $371.13 on Friday. The firm has a market capitalization of $80.26 billion, a PE ratio of 31.32, a P/E/G ratio of 2.00 and a beta of 0.93. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.33. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05. The business has a 50-day moving average of $366.89 and a two-hundred day moving average of $353.09.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s payout ratio is currently 22.78%.

Analyst Ratings Changes

Several analysts have recently issued reports on AON shares. Keefe, Bruyette & Woods reduced their price objective on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. BMO Capital Markets raised their price target on shares of AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. TD Cowen boosted their price objective on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, AON presently has a consensus rating of “Hold” and a consensus price target of $370.87.

Insider Activity

In other news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the transaction, the chief operating officer now directly owns 1,816 shares of the company’s stock, valued at approximately $716,121.44. The trade was a 26.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

About AON

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.