Murphy & Mullick Capital Management Corp Invests $514,000 in Aon plc (NYSE:AON)

Murphy & Mullick Capital Management Corp purchased a new stake in shares of Aon plc (NYSE:AON) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,432 shares of the financial services provider’s stock, valued at approximately $514,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AON. Endeavor Private Wealth Inc. bought a new stake in shares of AON in the 4th quarter worth approximately $29,000. Richardson Financial Services Inc. boosted its holdings in AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of AON during the fourth quarter valued at $32,000. Anchor Investment Management LLC raised its position in shares of AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 93 shares during the last quarter. Finally, Centricity Wealth Management LLC purchased a new stake in AON during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

AON Price Performance

NYSE AON opened at $396.03 on Wednesday. The business’s fifty day moving average is $386.85 and its 200 day moving average is $371.39. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $412.97. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market capitalization of $85.54 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same quarter in the prior year, the firm posted $3.89 earnings per share. Sell-side analysts predict that Aon plc will post 17.21 earnings per share for the current year.

AON Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were paid a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s dividend payout ratio (DPR) is 21.33%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AON. JPMorgan Chase & Co. upped their target price on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Wells Fargo & Company increased their target price on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and upped their price target for the company from $407.00 to $420.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price objective on AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Finally, Royal Bank of Canada upped their target price on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $386.21.

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.