Banque Cantonale Vaudoise Has $2.17 Million Stake in Aon plc (NYSE:AON)

Banque Cantonale Vaudoise trimmed its stake in Aon plc (NYSE:AON) by 34.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,264 shares of the financial services provider’s stock after selling 3,250 shares during the period. Banque Cantonale Vaudoise’s holdings in AON were worth $2,167,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Y.D. More Investments Ltd bought a new position in shares of AON during the 2nd quarter worth about $31,000. First Personal Financial Services bought a new position in shares of AON during the 3rd quarter worth about $37,000. Eastern Bank bought a new position in shares of AON during the 3rd quarter worth about $43,000. Nemes Rush Group LLC bought a new position in shares of AON during the 2nd quarter worth about $45,000. Finally, Bruce G. Allen Investments LLC lifted its holdings in shares of AON by 52.7% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 58 shares during the period. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on AON shares. Barclays started coverage on shares of AON in a report on Wednesday, September 4th. They set an “overweight” rating and a $394.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $335.00 price target on shares of AON in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of AON from $311.00 to $353.00 and gave the company a “hold” rating in a report on Monday, August 26th. Bank of America lifted their price target on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of AON from $385.00 to $415.00 and gave the company an “outperform” rating in a report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $359.19.

AON Stock Up 0.2 %

Shares of NYSE:AON opened at $380.08 on Thursday. Aon plc has a one year low of $268.06 and a one year high of $389.21. The company has a 50 day moving average of $360.99 and a 200-day moving average of $326.26. 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 stock has a market cap of $82.20 billion, a price-to-earnings ratio of 32.07, a P/E/G ratio of 2.38 and a beta of 0.91.

AON Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, November 1st. AON’s dividend payout ratio is 22.78%.

AON Company Profile

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.