Simon Quick Advisors LLC Purchases 48 Shares of Aon plc (NYSE:AON)

Simon Quick Advisors LLC raised its position in Aon plc (NYSE:AON) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,026 shares of the financial services provider’s stock after acquiring an additional 48 shares during the quarter. Simon Quick Advisors LLC’s holdings in AON were worth $368,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. State Street Corp grew its position in AON by 0.4% during the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock valued at $3,059,977,000 after buying an additional 32,417 shares during the period. Geode Capital Management LLC grew its position in shares of AON by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider’s stock valued at $1,489,690,000 after acquiring an additional 38,447 shares during the period. Veritas Asset Management LLP increased its stake in shares of AON by 41.6% in the 3rd quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider’s stock worth $1,041,623,000 after purchasing an additional 883,761 shares in the last quarter. Legal & General Group Plc lifted its position in AON by 5.7% during the second quarter. Legal & General Group Plc now owns 1,798,423 shares of the financial services provider’s stock valued at $527,980,000 after purchasing an additional 96,521 shares in the last quarter. Finally, Cantillon Capital Management LLC increased its position in AON by 15.6% in the third quarter. Cantillon Capital Management LLC now owns 1,316,218 shares of the financial services provider’s stock worth $455,398,000 after buying an additional 177,956 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

AON Stock Performance

Shares of NYSE:AON opened at $364.00 on Friday. The firm has a fifty day simple moving average of $367.82 and a two-hundred day simple moving average of $350.52. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.33. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The stock has a market capitalization of $78.72 billion, a P/E ratio of 30.72, a PEG ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.74%. AON’s dividend payout ratio (DPR) is presently 22.78%.

Insider Activity

In other AON news, insider Lisa Stevens sold 1,275 shares of AON 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 completion of the transaction, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mindy F. Simon sold 650 shares of the 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 completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AON. BMO Capital Markets lifted their price objective on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. Barclays increased their price objective on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. TD Cowen lifted their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Keefe, Bruyette & Woods decreased their price target on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Finally, Jefferies Financial Group upped their price objective on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $370.87.

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.