RPg Family Wealth Advisory LLC Invests $42,000 in Aon plc (NYSE:AON)

RPg Family Wealth Advisory LLC bought a new position in Aon plc (NYSE:AON) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 122 shares of the financial services provider’s stock, valued at approximately $42,000.

A number of other hedge funds have also bought and sold shares of AON. Y.D. More Investments Ltd bought a new position in shares of AON during the 2nd quarter valued at $31,000. First Personal Financial Services bought a new stake in AON during the 3rd quarter worth approximately $37,000. Eastern Bank purchased a new stake in shares of AON in the third quarter worth $43,000. Nemes Rush Group LLC bought a new stake in AON during the second quarter valued at about $45,000. Finally, Bruce G. Allen Investments LLC lifted its holdings in shares of AON by 52.7% in the second quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock worth $49,000 after buying an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

AON has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods boosted their target price on AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. Jefferies Financial Group raised their price objective on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Bank of America raised their price objective on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. TD Cowen increased their target price on shares of AON from $413.00 to $432.00 in a report on Thursday, October 24th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $335.00 price objective on shares of AON in a research report on Monday, August 5th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $362.06.

AON Stock Performance

Shares of AON stock opened at $393.42 on Thursday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. The business’s 50 day moving average price is $364.94 and its 200 day moving average price is $329.79. The company has a market cap of $85.08 billion, a price-to-earnings ratio of 33.20, a PEG ratio of 2.44 and a beta of 0.91. Aon plc has a one year low of $268.06 and a one year high of $395.33.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Friday, November 1st. AON’s payout ratio is currently 22.78%.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.