Pure Financial Advisors LLC Grows Position in Aon plc (NYSE:AON)

Pure Financial Advisors LLC lifted its holdings in Aon plc (NYSE:AON) by 10.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,093 shares of the financial services provider’s stock after buying an additional 986 shares during the period. Pure Financial Advisors LLC’s holdings in AON were worth $3,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AON. Y.D. More Investments Ltd purchased a new position in AON in the second quarter valued at $31,000. Eastern Bank acquired a new stake in shares of AON during the third quarter worth about $43,000. Nemes Rush Group LLC acquired a new position in AON during the second quarter worth approximately $45,000. Bruce G. Allen Investments LLC boosted 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 valued at $49,000 after acquiring an additional 58 shares during the period. Finally, LRI Investments LLC purchased a new position in shares of AON during the first quarter worth approximately $55,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on AON shares. Jefferies Financial Group lifted their price objective on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods raised their target price on shares of AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. JPMorgan Chase & Co. increased their price target on shares of AON from $353.00 to $379.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th. Evercore ISI increased their target price on AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, AON presently has a consensus rating of “Hold” and a consensus target price of $355.75.

AON Trading Down 0.5 %

NYSE AON opened at $364.42 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.42 and a current ratio of 2.05. Aon plc has a one year low of $268.06 and a one year high of $389.21. The company’s 50 day moving average price is $352.15 and its 200 day moving average price is $318.74. The firm has a market capitalization of $78.81 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 2.31 and a beta of 0.91.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 0.74%. The ex-dividend date is Friday, November 1st. AON’s dividend payout ratio (DPR) is presently 22.78%.

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.