759 Shares in Aon plc (NYSE:AON) Purchased by Atlanta Consulting Group Advisors LLC

Atlanta Consulting Group Advisors LLC purchased a new position in shares of Aon plc (NYSE:AON) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 759 shares of the financial services provider’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Y.D. More Investments Ltd purchased a new stake in AON in the 2nd quarter worth approximately $31,000. First Personal Financial Services purchased a new stake in shares of AON in the third quarter valued at $37,000. Eastern Bank acquired a new position in AON in the third quarter valued at $43,000. Nemes Rush Group LLC purchased a new position in AON during the second quarter worth about $45,000. Finally, Bruce G. Allen Investments LLC grew its holdings in AON by 52.7% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock valued at $49,000 after buying an additional 58 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

AON Trading Up 0.8 %

NYSE:AON opened at $379.29 on Monday. The stock has a market cap of $82.03 billion, a price-to-earnings ratio of 32.01, a price-to-earnings-growth ratio of 2.38 and a beta of 0.91. Aon plc has a one year low of $268.06 and a one year high of $389.21. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. The business’s 50-day simple moving average is $359.12 and its 200 day simple moving average is $324.47.

AON Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on AON. Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. Evercore ISI boosted their price objective on shares of AON from $338.00 to $384.00 and gave the company an “in-line” rating in a research note on Wednesday, October 9th. Bank of America increased their target price on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. BMO Capital Markets upped their price target on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Finally, Keefe, Bruyette & Woods lifted their price objective on AON from $385.00 to $415.00 and gave the company an “outperform” rating in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.