Y Intercept Hong Kong Ltd Sells 351 Shares of Aon plc (NYSE:AON)

Y Intercept Hong Kong Ltd decreased its position in Aon plc (NYSE:AON) by 15.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,927 shares of the financial services provider’s stock after selling 351 shares during the period. Y Intercept Hong Kong Ltd’s holdings in AON were worth $692,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of AON. Endeavor Private Wealth Inc. bought a new stake in AON in the 4th quarter valued at approximately $29,000. Richardson Financial Services Inc. raised its stake in shares of AON by 2,025.0% during the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 81 shares in the last quarter. Anchor Investment Management LLC raised its stake 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 worth $35,000 after purchasing an additional 93 shares in the last quarter. First Personal Financial Services bought a new stake in shares of AON during the 3rd quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC bought a new stake in shares of AON during the 4th quarter worth approximately $39,000. Institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AON. JPMorgan Chase & Co. upped their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Piper Sandler upped their price objective on AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Wells Fargo & Company increased their price target on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Keefe, Bruyette & Woods increased their price target on AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Finally, Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and increased their price target for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $386.21.

AON Stock Performance

Shares of NYSE AON opened at $409.15 on Friday. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The stock’s fifty day moving average price is $372.88 and its two-hundred day moving average price is $364.09. Aon plc has a one year low of $268.06 and a one year high of $409.99. The firm has a market cap of $88.38 billion, a price-to-earnings ratio of 32.32, a P/E/G ratio of 2.12 and a beta of 0.93.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same period last year, the business posted $3.89 EPS. On average, equities analysts forecast that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.66%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 21.33%.

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.