Norris Perne & French LLP MI Has $316,000 Holdings in Aon plc (NYSE:AON)

Norris Perne & French LLP MI decreased its position in shares of Aon plc (NYSE:AON) by 17.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 880 shares of the financial services provider’s stock after selling 190 shares during the period. Norris Perne & French LLP MI’s holdings in AON were worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AON. Endeavor Private Wealth Inc. bought a new stake in shares of AON in the fourth quarter worth $29,000. Anchor Investment Management LLC increased its stake in AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 93 shares during the last quarter. First Personal Financial Services bought a new stake in AON during the third quarter worth $37,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of AON in the 3rd quarter valued at $42,000. Finally, Eastern Bank acquired a new position in shares of AON during the 3rd quarter worth $43,000. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AON. Wells Fargo & Company raised AON from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $377.00 to $410.00 in a research note on Tuesday, January 14th. Barclays lifted their target price on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. BMO Capital Markets boosted their price objective on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. raised their price target on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Finally, Jefferies Financial Group increased their price objective on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $370.87.

Insiders Place Their Bets

In other AON news, insider Lisa Stevens sold 1,275 shares of AON 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 transaction, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Mindy F. Simon sold 650 shares of the company’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 transaction, the chief operating officer now owns 1,816 shares of the company’s stock, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

AON Stock Up 1.2 %

AON stock opened at $371.13 on Friday. The firm has a 50 day moving average price of $366.89 and a 200-day moving average price of $353.09. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a twelve month low of $268.06 and a twelve month high of $395.33. The company has a market capitalization of $80.26 billion, a P/E ratio of 31.32, a P/E/G ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.73%. AON’s dividend payout ratio is presently 22.78%.

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.