Aon plc (NYSE:AON) Stake Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP increased its position in shares of Aon plc (NYSE:AON) by 77.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,398 shares of the financial services provider’s stock after purchasing an additional 1,046 shares during the period. GSA Capital Partners LLP’s holdings in AON were worth $830,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its holdings in shares of AON by 10.0% in the third quarter. Venturi Wealth Management LLC now owns 4,185 shares of the financial services provider’s stock valued at $1,448,000 after buying an additional 382 shares during the period. Diamond Hill Capital Management Inc. bought a new stake in AON in the third quarter worth about $336,375,000. Ashton Thomas Securities LLC boosted its position in shares of AON by 24.0% during the 3rd quarter. Ashton Thomas Securities LLC now owns 5,144 shares of the financial services provider’s stock valued at $1,780,000 after purchasing an additional 994 shares in the last quarter. YCG LLC grew its stake in shares of AON by 6.0% in the 3rd quarter. YCG LLC now owns 149,372 shares of the financial services provider’s stock worth $51,681,000 after purchasing an additional 8,487 shares during the last quarter. Finally, Tyler Stone Wealth Management lifted its stake in AON by 100.1% during the third quarter. Tyler Stone Wealth Management now owns 5,241 shares of the financial services provider’s stock valued at $1,813,000 after purchasing an additional 2,622 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

AON Stock Performance

NYSE:AON opened at $379.29 on Friday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 1 year low of $268.06 and a 1 year high of $389.21. The firm’s fifty day simple moving average is $359.12 and its 200 day simple moving average is $323.90. The firm has a market capitalization of $82.03 billion, a PE ratio of 32.01, a PEG ratio of 2.36 and a beta of 0.91.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a dividend of $0.675 per share. The ex-dividend date was Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.71%. AON’s payout ratio is 22.78%.

Wall Street Analysts Forecast Growth

AON has been the topic of several recent research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $335.00 price target on shares of AON in a research report on Monday, August 5th. BMO Capital Markets upped their target price on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Wells Fargo & Company raised AON from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $315.00 to $377.00 in a research note on Monday, October 28th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AON from $311.00 to $353.00 and gave the company a “hold” rating in a research note on Monday, August 26th. Finally, Bank of America lifted their target price on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, AON presently has an average rating of “Hold” and a consensus price target of $359.19.

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.