Websterrogers Financial Advisors LLC Reduces Stock Position in Aon plc (NYSE:AON)

Websterrogers Financial Advisors LLC lowered its stake in shares of Aon plc (NYSE:AON) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,713 shares of the financial services provider’s stock after selling 90 shares during the quarter. Websterrogers Financial Advisors LLC’s holdings in AON were worth $974,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in AON by 31.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 431 shares of the financial services provider’s stock valued at $155,000 after purchasing an additional 102 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in AON by 210.5% in the fourth quarter. Park Avenue Securities LLC now owns 5,691 shares of the financial services provider’s stock valued at $2,044,000 after acquiring an additional 3,858 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in AON by 10.9% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 1,914 shares of the financial services provider’s stock worth $687,000 after acquiring an additional 188 shares during the period. SeaCrest Wealth Management LLC increased its stake in AON by 12.5% during the fourth quarter. SeaCrest Wealth Management LLC now owns 1,394 shares of the financial services provider’s stock worth $501,000 after acquiring an additional 155 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its position in AON by 5.5% in the fourth quarter. Signal Advisors Wealth LLC now owns 790 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 41 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

AON Price Performance

Shares of NYSE AON opened at $361.24 on Thursday. The stock’s 50-day moving average is $369.87 and its two-hundred day moving average is $347.91. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market cap of $78.13 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be issued a $0.675 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.75%. AON’s dividend payout ratio (DPR) is 22.78%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Bank of America lifted their price target on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. Jefferies Financial Group upped their price objective on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods cut their target price on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Finally, BMO Capital Markets raised their price target on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $370.87.

Insider Buying and Selling

In other AON news, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction dated Tuesday, November 26th. The stock was 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 of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Mindy F. Simon sold 650 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. The trade was a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

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.