Aon plc (NYSE:AON) Shares Bought by UMB Bank n.a.

UMB Bank n.a. increased its stake in Aon plc (NYSE:AON) by 11.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,820 shares of the financial services provider’s stock after buying an additional 191 shares during the period. UMB Bank n.a.’s holdings in AON were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AON. Diamond Hill Capital Management Inc. purchased a new stake in shares of AON during the 3rd quarter valued at $336,375,000. Vontobel Holding Ltd. grew its position in AON by 150.4% during the third quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock valued at $33,326,000 after acquiring an additional 57,847 shares during the period. State Street Corp increased its stake in AON by 0.4% during the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after acquiring an additional 32,417 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of AON by 13.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 165,741 shares of the financial services provider’s stock valued at $57,345,000 after purchasing an additional 20,084 shares in the last quarter. Finally, Retireful LLC purchased a new stake in shares of AON during the 3rd quarter worth about $759,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AON has been the topic of a number of recent research reports. Wells Fargo & Company raised shares of AON from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $377.00 to $410.00 in a research report on Tuesday, January 14th. Bank of America upped their price target on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Jefferies Financial Group raised their price objective on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Barclays increased their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $370.87.

Insider Buying and Selling at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value 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 trade represents a 26.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction that occurred 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 directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

AON Stock Up 0.5 %

Shares of NYSE:AON opened at $368.17 on Wednesday. The company’s fifty day moving average is $368.53 and its two-hundred day moving average is $349.90. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The stock has a market capitalization of $79.62 billion, a price-to-earnings ratio of 31.07, a price-to-earnings-growth ratio of 2.04 and a beta of 0.93.

AON Dividend Announcement

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

AON 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.