108 Shares in Aon plc (NYSE:AON) Acquired by Centricity Wealth Management LLC

Centricity Wealth Management LLC acquired a new stake in Aon plc (NYSE:AON) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 108 shares of the financial services provider’s stock, valued at approximately $39,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Endeavor Private Wealth Inc. bought a new position in shares of AON in the fourth quarter valued at about $29,000. Richardson Financial Services Inc. increased its position in AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 81 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 93 shares during the last quarter. First Personal Financial Services bought a new stake in shares of AON during the third quarter valued at approximately $37,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of AON in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Stock Down 0.9 %

Shares of NYSE:AON opened at $389.51 on Friday. The company has a 50 day moving average price of $368.55 and a two-hundred day moving average price of $361.55. The company has a debt-to-equity ratio of 2.58, a quick ratio of 2.05 and a current ratio of 1.40. The company has a market capitalization of $84.13 billion, a PE ratio of 30.77, a PEG ratio of 2.14 and a beta of 0.93. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.65.

AON (NYSE:AON) last released 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 net margin of 16.91% and a return on equity of 70.84%. During the same period in the previous year, the company posted $3.89 earnings per share. Analysts forecast that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were given a $0.675 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.69%. AON’s dividend payout ratio is presently 21.33%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AON shares. Royal Bank of Canada upped their price objective on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a report on Monday, February 3rd. Barclays upped their price target on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Wells Fargo & Company boosted their price objective on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and upped their target price for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Finally, 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 report on Monday, November 4th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, AON currently has a consensus rating of “Hold” and an average target price of $386.21.

Insider Buying and Selling

In related news, insider Lisa Stevens sold 1,275 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were 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 approximately $3,131,291.36. This represents a 13.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 value of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. This represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

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.