Aon plc (NYSE:AON) Shares Purchased by UMB Bank n.a.

UMB Bank n.a. lifted its holdings in shares of Aon plc (NYSE:AON) by 11.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,820 shares of the financial services provider’s stock after purchasing an additional 191 shares during the quarter. UMB Bank n.a.’s holdings in AON were worth $654,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AON. AE Wealth Management LLC raised its position in AON by 21.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,553 shares of the financial services provider’s stock valued at $456,000 after purchasing an additional 278 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in AON by 4.4% in the second quarter. Thrivent Financial for Lutherans now owns 11,285 shares of the financial services provider’s stock valued at $3,313,000 after acquiring an additional 480 shares in the last quarter. Profund Advisors LLC grew its holdings in AON by 6.1% during the 2nd quarter. Profund Advisors LLC now owns 3,270 shares of the financial services provider’s stock worth $960,000 after acquiring an additional 189 shares in the last quarter. ProShare Advisors LLC raised its holdings in shares of AON by 13.8% in the 2nd quarter. ProShare Advisors LLC now owns 44,161 shares of the financial services provider’s stock valued at $12,965,000 after purchasing an additional 5,372 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in AON by 326.4% during the 2nd quarter. 1832 Asset Management L.P. now owns 15,689 shares of the financial services provider’s stock worth $4,606,000 after buying an additional 12,010 shares during the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling

In other news, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of the transaction, the insider now 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 SEC, which is available at the SEC website. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction that occurred on Wednesday, November 27th. The stock was 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 of the company’s stock, valued at $716,121.44. The trade was a 26.36 % 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.

AON Price Performance

Shares of NYSE AON opened at $368.17 on Wednesday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The company’s 50-day moving average price is $368.53 and its 200 day moving average price is $349.90. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.33. The stock has a market cap of $79.62 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 2.04 and a beta of 0.93.

AON Dividend Announcement

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 paid 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 dividend yield of 0.73%. AON’s dividend payout ratio (DPR) is 22.78%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AON. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods decreased their target price on AON from $415.00 to $411.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Wells Fargo & Company upgraded AON from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $377.00 to $410.00 in a research note on Tuesday, January 14th. Bank of America upped their price target on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. Finally, BMO Capital Markets increased their target price 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. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $370.87.

AON Company Profile

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.