Aon plc Class A (NYSE:AON) CEO Michael J. O’connor sold 1,411 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $140.23, for a total value of $197,864.53. Following the completion of the sale, the chief executive officer now directly owns 133,515 shares in the company, valued at approximately $18,722,808.45. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Aon plc Class A (NYSE:AON) traded up $2.79 on Friday, reaching $141.91. The company had a trading volume of 1,072,250 shares, compared to its average volume of 1,405,040. Aon plc Class A has a 12-month low of $114.95 and a 12-month high of $152.78. The company has a current ratio of 1.66, a quick ratio of 2.35 and a debt-to-equity ratio of 1.22. The firm has a market cap of $34,310.18, a PE ratio of 30.39, a P/E/G ratio of 1.48 and a beta of 1.05.
Aon plc Class A (NYSE:AON) last posted its earnings results on Friday, February 2nd. The financial services provider reported $2.35 EPS for the quarter, beating the consensus estimate of $2.34 by $0.01. Aon plc Class A had a return on equity of 32.41% and a net margin of 12.26%. The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same period last year, the firm earned $2.56 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. equities analysts predict that Aon plc Class A will post 7.98 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, February 1st were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.01%. The ex-dividend date was Wednesday, January 31st. Aon plc Class A’s dividend payout ratio is currently 30.84%.
A number of institutional investors and hedge funds have recently bought and sold shares of AON. Valeo Financial Advisors LLC acquired a new stake in Aon plc Class A in the 3rd quarter valued at approximately $105,000. Fieldpoint Private Securities LLC acquired a new stake in Aon plc Class A in the 3rd quarter valued at approximately $121,000. BB&T Investment Services Inc. increased its position in Aon plc Class A by 71.3% in the 3rd quarter. BB&T Investment Services Inc. now owns 1,038 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 432 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Aon plc Class A by 105.3% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,170 shares of the financial services provider’s stock valued at $157,000 after acquiring an additional 600 shares during the period. Finally, Auxier Asset Management acquired a new stake in Aon plc Class A in the 3rd quarter valued at approximately $206,000. Hedge funds and other institutional investors own 86.06% of the company’s stock.
Several brokerages recently issued reports on AON. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $158.00 price target on shares of Aon plc Class A in a report on Wednesday, December 6th. Wells Fargo & Co reissued a “hold” rating and issued a $143.00 price target on shares of Aon plc Class A in a report on Friday, February 2nd. Goldman Sachs Group began coverage on Aon plc Class A in a report on Monday, December 4th. They issued a “neutral” rating and a $149.00 price target on the stock. Zacks Investment Research downgraded Aon plc Class A from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, TheStreet downgraded Aon plc Class A from a “b-” rating to a “c” rating in a report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $146.75.
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About Aon plc Class A
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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