Syntal Capital Partners LLC bought a new position in Aon PLC (NYSE:AON) during the fourth quarter, Holdings Channel reports. The institutional investor bought 2,520 shares of the company’s stock, valued at approximately $281,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in AON. Carroll Financial Associates Inc. increased its position in shares of Aon PLC by 0.8% in the third quarter. Carroll Financial Associates Inc. now owns 907 shares of the company’s stock worth $102,000 after buying an additional 7 shares during the last quarter. Paradigm Asset Management Co. LLC bought a new position in shares of Aon PLC during the fourth quarter worth about $112,000. Cornerstone Advisors Inc. increased its position in shares of Aon PLC by 1,102.6% in the third quarter. Cornerstone Advisors Inc. now owns 1,371 shares of the company’s stock worth $154,000 after buying an additional 1,257 shares during the last quarter. SRB Corp increased its position in shares of Aon PLC by 6.9% in the third quarter. SRB Corp now owns 1,433 shares of the company’s stock worth $161,000 after buying an additional 92 shares during the last quarter. Finally, Hudock Capital Group LLC increased its position in shares of Aon PLC by 70.1% in the second quarter. Hudock Capital Group LLC now owns 1,446 shares of the company’s stock worth $157,000 after buying an additional 596 shares during the last quarter. 85.40% of the stock is owned by institutional investors.
Shares of Aon PLC (NYSE:AON) traded up 0.36% on Friday, hitting $115.59. The stock had a trading volume of 1,213,365 shares. Aon PLC has a one year low of $92.88 and a one year high of $117.76. The company has a market cap of $30.41 billion, a price-to-earnings ratio of 21.31 and a beta of 1.01. The firm’s 50-day moving average is $113.00 and its 200-day moving average is $111.44.
Aon PLC (NYSE:AON) last released its quarterly earnings results on Friday, February 10th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.49 by $0.07. The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.41 billion. Aon PLC had a return on equity of 30.61% and a net margin of 12.75%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 EPS. On average, analysts expect that Aon PLC will post $6.49 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 15th. Investors of record on Wednesday, February 1st will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, January 30th. This represents a $1.32 dividend on an annualized basis and a yield of 1.14%. Aon PLC’s dividend payout ratio is presently 24.49%.
A number of brokerages have issued reports on AON. Zacks Investment Research raised Aon PLC from a “sell” rating to a “hold” rating in a report on Tuesday, January 17th. Barclays PLC reissued a “hold” rating and issued a $110.00 price target on shares of Aon PLC in a report on Monday, January 9th. Langen Mcalenn reissued a “buy” rating on shares of Aon PLC in a report on Friday, December 30th. Keefe, Bruyette & Woods raised Aon PLC from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $118.00 to $130.00 in a report on Monday, November 21st. Finally, Sandler O’Neill raised Aon PLC from a “hold” rating to a “buy” rating in a report on Monday, November 7th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $115.00.
Aon PLC Company Profile
Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.
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