Diversified Trust Co Purchases 3,000 Shares of Aon plc (NYSE:AON)

Diversified Trust Co boosted its holdings in Aon plc (NYSE:AON) by 20.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,991 shares of the financial services provider’s stock after purchasing an additional 3,000 shares during the period. Diversified Trust Co’s holdings in AON were worth $6,462,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Valley Wealth Managers Inc. lifted its position in shares of AON by 3.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 28 shares during the period. CVA Family Office LLC grew its stake in AON by 8.4% in the third quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares during the period. Amplius Wealth Advisors LLC raised its holdings in AON by 2.4% in the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 31 shares in the last quarter. Intellectus Partners LLC boosted its holdings in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock valued at $343,000 after buying an additional 31 shares in the last quarter. Finally, waypoint wealth counsel boosted its position in shares of AON by 3.6% in the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on AON. Jefferies Financial Group increased their price target on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Bank of America boosted their price target on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th. Barclays increased 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. TD Cowen boosted their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Finally, BMO Capital Markets boosted their target price on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, AON currently has an average rating of “Hold” and a consensus target price of $363.00.

AON Price Performance

Shares of NYSE AON traded up $2.12 during trading on Tuesday, hitting $350.59. The company had a trading volume of 178,733 shares, compared to its average volume of 586,809. The firm has a market capitalization of $75.82 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 2.27 and a beta of 0.93. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $395.33. The stock has a fifty day simple moving average of $371.57 and a two-hundred day simple moving average of $345.39. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Friday, November 1st. AON’s dividend payout ratio (DPR) is 22.78%.

Insider Activity

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. This represents a 26.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.