Vanguard Personalized Indexing Management LLC increased its holdings in shares of Aon plc (NYSE:AON – Free Report) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,070 shares of the financial services provider’s stock after purchasing an additional 970 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in AON were worth $4,640,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Frazier Financial Advisors LLC acquired a new stake in shares of AON during the fourth quarter worth about $31,000. Y.D. More Investments Ltd purchased a new stake in AON in the second quarter valued at approximately $31,000. Rise Advisors LLC acquired a new stake in shares of AON in the first quarter valued at approximately $37,000. Bruce G. Allen Investments LLC increased its holdings in shares of AON by 52.7% in the 2nd 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 stake in AON in the 1st quarter valued at $55,000. Institutional investors and hedge funds own 86.14% of the company’s stock.
AON Stock Up 0.0 %
AON stock opened at $349.31 on Thursday. Aon plc has a 52 week low of $268.06 and a 52 week high of $353.54. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 2.92. The company has a market cap of $75.88 billion, a P/E ratio of 27.38, a P/E/G ratio of 2.26 and a beta of 0.92. The company’s 50-day moving average price is $328.77 and its 200 day moving average price is $310.95.
AON Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 1st were paid a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, August 1st. AON’s dividend payout ratio (DPR) is presently 21.16%.
Wall Street Analysts Forecast Growth
AON has been the topic of a number of recent research reports. Citigroup began coverage on shares of AON in a research note on Wednesday, May 22nd. They issued a “neutral” rating and a $309.00 price objective on the stock. Morgan Stanley reduced their price objective on AON from $300.00 to $296.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $335.00 target price on shares of AON in a research note on Monday, August 5th. Keefe, Bruyette & Woods upgraded AON from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $313.00 to $380.00 in a research note on Tuesday, July 30th. Finally, Wells Fargo & Company boosted their price objective on shares of AON from $287.00 to $300.00 and gave the company an “underweight” rating in a research note on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, AON currently has a consensus rating of “Hold” and a consensus target price of $337.27.
Read Our Latest Stock Report on AON
AON Company 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.
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