B. Riley Wealth Advisors Inc. Buys 170 Shares of Aon plc (NYSE:AON)

B. Riley Wealth Advisors Inc. lifted its holdings in shares of Aon plc (NYSE:AON) by 24.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 872 shares of the financial services provider’s stock after purchasing an additional 170 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in AON were worth $302,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC grew its holdings in shares of AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 93 shares during the last quarter. 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 position in shares of AON during the 3rd quarter valued at $37,000. RPg Family Wealth Advisory LLC bought a new position in shares of AON during the 3rd quarter valued at $42,000. Finally, Eastern Bank bought a new position in shares of AON during the 3rd quarter valued at $43,000. Institutional investors own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AON. Barclays increased their price target on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. BMO Capital Markets increased their price target on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $315.00 to $377.00 in a research report on Monday, October 28th. Jefferies Financial Group increased their price target on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of AON from $311.00 to $353.00 and gave the company a “hold” rating in a research report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $362.06.

AON Trading Up 1.3 %

NYSE:AON opened at $358.47 on Friday. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.33. The stock has a market cap of $77.52 billion, a price-to-earnings ratio of 30.25, a P/E/G ratio of 2.27 and a beta of 0.91. The company has a 50-day moving average price of $372.18 and a 200-day moving average price of $339.63. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66.

AON Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a yield of 0.75%. AON’s dividend payout ratio (DPR) is currently 22.78%.

Insider Activity at AON

In related news, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction dated 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. This trade represents a 13.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction dated 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. This trade represents a 26.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

AON 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.