Fort Washington Investment Advisors Inc. OH Sells 5,434 Shares of Aon PLC (AON)

Fort Washington Investment Advisors Inc. OH trimmed its holdings in shares of Aon PLC (NYSE:AON) by 35.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,860 shares of the financial services provider’s stock after selling 5,434 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Aon PLC were worth $1,311,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of AON. Parallel Advisors LLC boosted its stake in shares of Aon PLC by 16.7% during the 2nd quarter. Parallel Advisors LLC now owns 740 shares of the financial services provider’s stock worth $102,000 after buying an additional 106 shares during the last quarter. FNY Partners Fund LP acquired a new position in shares of Aon PLC during the 1st quarter worth about $106,000. Fiduciary Trust Co. acquired a new position in shares of Aon PLC during the 2nd quarter worth about $108,000. Pinnacle Financial Partners Inc. acquired a new position in shares of Aon PLC during the 2nd quarter worth about $126,000. Finally, Hanson McClain Inc. acquired a new position in shares of Aon PLC during the 2nd quarter worth about $200,000. Institutional investors own 84.32% of the company’s stock.

In other Aon PLC news, CEO Michael J. O’connor sold 10,000 shares of the business’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $140.28, for a total value of $1,402,800.00. Following the transaction, the chief executive officer now directly owns 123,805 shares in the company, valued at $17,367,365.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.90% of the stock is owned by insiders.

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A number of equities analysts have recently commented on the stock. Morgan Stanley restated an “equal weight” rating and set a $138.00 price objective (up from $130.00) on shares of Aon PLC in a research note on Thursday, July 6th. BidaskClub downgraded shares of Aon PLC from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 18th. Citigroup Inc. increased their price objective on shares of Aon PLC from $155.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, August 7th. Langen Mcalenn downgraded shares of Aon PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 21st. Finally, Wells Fargo & Company restated a “hold” rating on shares of Aon PLC in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. Aon PLC has a consensus rating of “Hold” and a consensus price target of $139.00.

Aon PLC (NYSE:AON) opened at 143.31 on Friday. The company has a market capitalization of $36.45 billion, a PE ratio of 20.93 and a beta of 1.02. Aon PLC has a 12-month low of $107.19 and a 12-month high of $144.81. The firm has a 50-day moving average of $139.43 and a 200 day moving average of $129.45.

Aon PLC (NYSE:AON) last released its quarterly earnings results on Friday, August 4th. The financial services provider reported $1.45 earnings per share for the quarter, hitting the consensus estimate of $1.45. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Aon PLC had a net margin of 17.28% and a return on equity of 32.62%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 earnings per share. Analysts forecast that Aon PLC will post $6.50 EPS for the current fiscal year.

Aon PLC Company Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

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Institutional Ownership by Quarter for Aon PLC (NYSE:AON)

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