Gratus Capital LLC Decreases Holdings in Aon PLC (AON)

Gratus Capital LLC lowered its stake in shares of Aon PLC (NYSE:AON) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,389 shares of the financial services provider’s stock after selling 565 shares during the period. Gratus Capital LLC’s holdings in Aon PLC were worth $3,417,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. APG Asset Management N.V. raised its holdings in shares of Aon PLC by 1.2% during the 2nd quarter. APG Asset Management N.V. now owns 397,632 shares of the financial services provider’s stock valued at $52,865,000 after purchasing an additional 4,800 shares in the last quarter. Parametrica Management Ltd bought a new position in shares of Aon PLC during the 2nd quarter valued at $378,000. Kwmg LLC raised its holdings in shares of Aon PLC by 6.0% during the 2nd quarter. Kwmg LLC now owns 14,184 shares of the financial services provider’s stock valued at $1,886,000 after purchasing an additional 806 shares in the last quarter. Armstrong Henry H Associates Inc. bought a new position in shares of Aon PLC during the 2nd quarter valued at $220,000. Finally, Park Avenue Securities LLC bought a new position in shares of Aon PLC during the 2nd quarter valued at $350,000. 88.74% of the stock is owned by institutional investors.

Shares of Aon PLC (AON) traded down $2.20 on Thursday, reaching $139.24. 1,042,100 shares of the company traded hands, compared to its average volume of 1,077,795. The company has a market cap of $35,350.00, a P/E ratio of 20.95, a PEG ratio of 1.84 and a beta of 1.06. Aon PLC has a 12-month low of $109.82 and a 12-month high of $152.78. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 1.08.

Aon PLC (NYSE:AON) last announced its earnings results on Friday, October 27th. The financial services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.28 by $0.01. Aon PLC had a net margin of 16.78% and a return on equity of 32.71%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the firm posted $1.29 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. equities research analysts forecast that Aon PLC will post 6.53 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a dividend of $0.36 per share. The ex-dividend date was Tuesday, October 31st. This represents a $1.44 annualized dividend and a dividend yield of 1.03%. Aon PLC’s payout ratio is 37.60%.

A number of research firms have recently weighed in on AON. ValuEngine downgraded shares of Aon PLC from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub downgraded shares of Aon PLC from a “strong-buy” rating to a “buy” rating in a report on Friday, August 18th. Barclays PLC raised their price target on shares of Aon PLC from $135.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, October 16th. Sandler O’Neill restated a “hold” rating on shares of Aon PLC in a report on Monday, October 30th. Finally, Zacks Investment Research downgraded shares of Aon PLC from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. Aon PLC currently has a consensus rating of “Hold” and a consensus target price of $144.42.

In other news, EVP John G. Bruno sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $143.24, for a total transaction of $1,432,400.00. Following the transaction, the executive vice president now owns 10,471 shares in the company, valued at approximately $1,499,866.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 40,000 shares of company stock worth $5,720,400. Insiders own 0.90% of the company’s stock.

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Aon PLC 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.

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

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