783 Shares in Aon plc (NYSE:AON) Bought by Genesis Private Wealth LLC

Genesis Private Wealth LLC purchased a new stake in Aon plc (NYSE:AON) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 783 shares of the financial services provider’s stock, valued at approximately $281,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Anchor Investment Management LLC raised its holdings in shares of AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after buying an additional 93 shares during the period. First Personal Financial Services acquired a new position in shares of AON during the third quarter worth $37,000. RPg Family Wealth Advisory LLC acquired a new stake in AON during the 3rd quarter valued at $42,000. Eastern Bank purchased a new stake in AON during the 3rd quarter worth $43,000. Finally, Nemes Rush Group LLC purchased a new position in AON in the 2nd quarter valued at about $45,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AON shares. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. Barclays upped their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. BMO Capital Markets lifted their price target on shares of AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Jefferies Financial Group increased their price objective on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, TD Cowen upped their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $370.87.

Insider Transactions at AON

In other news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of 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 document filed with the SEC, which can be accessed through this link. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. This represents a 26.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

AON Stock Up 0.5 %

Shares of AON stock opened at $368.17 on Wednesday. Aon plc has a twelve month low of $268.06 and a twelve month high of $395.33. The stock has a market capitalization of $79.62 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 1.99 and a beta of 0.93. 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 simple moving average is $368.53 and its 200-day simple moving average is $349.90.

AON Announces Dividend

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

AON Company 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.