Hantz Financial Services Inc. Reduces Stock Position in Aon plc (NYSE:AON)

Hantz Financial Services Inc. trimmed its holdings in Aon plc (NYSE:AON) by 6.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,545 shares of the financial services provider’s stock after selling 1,452 shares during the period. Hantz Financial Services Inc.’s holdings in AON were worth $7,800,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AON. Y.D. More Investments Ltd purchased a new stake in AON during the 2nd quarter worth about $31,000. Diamond Hill Capital Management Inc. bought a new stake in shares of AON during the third quarter valued at about $336,375,000. Vontobel Holding Ltd. lifted its holdings in shares of AON by 150.4% in the third quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock worth $33,326,000 after buying an additional 57,847 shares in the last quarter. Cetera Investment Advisers grew its stake in AON by 255.5% during the first quarter. Cetera Investment Advisers now owns 19,448 shares of the financial services provider’s stock valued at $6,490,000 after acquiring an additional 13,977 shares in the last quarter. Finally, Artemis Investment Management LLP increased its holdings in AON by 5.0% during the 3rd quarter. Artemis Investment Management LLP now owns 98,209 shares of the financial services provider’s stock worth $33,979,000 after acquiring an additional 4,666 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. BMO Capital Markets boosted their price target on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. TD Cowen upped their target price on AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Evercore ISI lifted their price target on AON from $338.00 to $384.00 and gave the company an “in-line” rating in a research report on Wednesday, October 9th. Barclays raised their target price on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $315.00 to $377.00 in a research note on Monday, October 28th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $362.06.

AON Stock Down 0.4 %

AON opened at $391.69 on Friday. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.33. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The business’s 50-day moving average price is $366.76 and its 200-day moving average price is $330.95. The company has a market cap of $84.71 billion, a P/E ratio of 33.05, a P/E/G ratio of 2.46 and a beta of 0.91.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a $0.675 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.69%. AON’s payout ratio is currently 22.78%.

Insider Transactions at AON

In other news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the sale, the insider now directly owns 8,077 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

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.