Janney Montgomery Scott LLC Sells 716 Shares of Aon plc (NYSE:AON)

Janney Montgomery Scott LLC decreased its position in shares of Aon plc (NYSE:AON) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,834 shares of the financial services provider’s stock after selling 716 shares during the period. Janney Montgomery Scott LLC’s holdings in AON were worth $3,891,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AON. Nisa Investment Advisors LLC grew its holdings in AON by 146.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 135,683 shares of the financial services provider’s stock valued at $48,732,000 after buying an additional 80,584 shares during the last quarter. Genesis Private Wealth LLC bought a new position in AON during the fourth quarter worth $281,000. Simon Quick Advisors LLC raised its stake in AON by 4.9% during the 4th quarter. Simon Quick Advisors LLC now owns 1,026 shares of the financial services provider’s stock valued at $368,000 after purchasing an additional 48 shares during the last quarter. Atomi Financial Group Inc. grew its position in AON by 43.4% in the 4th quarter. Atomi Financial Group Inc. now owns 1,816 shares of the financial services provider’s stock worth $652,000 after purchasing an additional 550 shares during the last quarter. Finally, Ballentine Partners LLC increased its holdings in shares of AON by 4.7% during the 4th quarter. Ballentine Partners LLC now owns 1,898 shares of the financial services provider’s stock worth $682,000 after purchasing an additional 86 shares during the period. 86.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AON has been the subject of a number of recent research reports. Bank of America upped their target price on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Barclays lifted their price objective on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods cut 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. BMO Capital Markets increased their price objective on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Finally, TD Cowen boosted their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, AON has an average rating of “Hold” and an average target price of $370.87.

AON Stock Up 1.2 %

Shares of AON opened at $371.13 on Friday. The business’s fifty day moving average price is $366.89 and its two-hundred day moving average price is $353.09. The firm has a market capitalization of $80.26 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 2.00 and a beta of 0.93. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.33. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a $0.675 dividend. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.73%. AON’s payout ratio is 22.78%.

Insiders Place Their Bets

In other AON news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This represents a 13.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the transaction, the chief operating officer now 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. Company insiders own 1.30% of the company’s stock.

AON 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.