Mn Services Vermogensbeheer B.V. Purchases 1,500 Shares of Aon plc (NYSE:AON)

Mn Services Vermogensbeheer B.V. boosted its stake in shares of Aon plc (NYSE:AON) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,700 shares of the financial services provider’s stock after purchasing an additional 1,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in AON were worth $28,266,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Diamond Hill Capital Management Inc. purchased a new position in AON during the third quarter valued at $336,375,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in AON by 5.8% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider’s stock valued at $9,530,000 after purchasing an additional 1,451 shares in the last quarter. State Street Corp lifted its position in AON by 0.4% during the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock valued at $3,059,977,000 after purchasing an additional 32,417 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in AON by 13.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 165,741 shares of the financial services provider’s stock valued at $57,345,000 after purchasing an additional 20,084 shares in the last quarter. Finally, Retireful LLC purchased a new position in AON during the third quarter valued at $759,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

AON Trading Up 0.3 %

Shares of AON stock opened at $398.74 on Thursday. The company has a market cap of $86.13 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The stock’s 50 day simple moving average is $370.87 and its two-hundred day simple moving average is $363.26. Aon plc has a 1 year low of $268.06 and a 1 year high of $400.22.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share 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 quarter in the previous year, the business earned $3.89 EPS. Research analysts predict that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a dividend of $0.675 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.68%. AON’s dividend payout ratio (DPR) is presently 21.33%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AON shares. Barclays boosted their price objective on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Royal Bank of Canada boosted their price objective on AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research report on Monday, February 3rd. 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 report on Monday, November 4th. Finally, Keefe, Bruyette & Woods boosted their price objective on AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $386.21.

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.