Greenwood Gearhart Inc. Buys 765 Shares of Aon PLC (AON)

Greenwood Gearhart Inc. lifted its holdings in shares of Aon PLC (NYSE:AON) by 1.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,726 shares of the financial services provider’s stock after purchasing an additional 765 shares during the quarter. Aon PLC comprises about 2.1% of Greenwood Gearhart Inc.’s holdings, making the stock its 25th biggest holding. Greenwood Gearhart Inc.’s holdings in Aon PLC were worth $5,415,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its holdings in Aon PLC by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,125 shares of the financial services provider’s stock valued at $548,000 after acquiring an additional 15 shares in the last quarter. Ronna Sue Cohen raised its holdings in Aon PLC by 0.3% in the second quarter. Ronna Sue Cohen now owns 6,205 shares of the financial services provider’s stock valued at $825,000 after acquiring an additional 18 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in Aon PLC by 1.1% in the second quarter. Checchi Capital Advisers LLC now owns 2,251 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 25 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Aon PLC by 2.3% in the second quarter. Quadrant Capital Group LLC now owns 1,661 shares of the financial services provider’s stock valued at $216,000 after acquiring an additional 38 shares in the last quarter. Finally, LS Investment Advisors LLC raised its holdings in Aon PLC by 0.3% in the second quarter. LS Investment Advisors LLC now owns 15,833 shares of the financial services provider’s stock valued at $2,105,000 after acquiring an additional 40 shares in the last quarter. 84.01% of the stock is currently owned by hedge funds and other institutional investors.

Aon PLC (NYSE AON) traded up 0.48% on Friday, hitting $151.54. The stock had a trading volume of 773,590 shares. The stock has a 50-day moving average of $145.67 and a 200-day moving average of $134.75. Aon PLC has a one year low of $107.19 and a one year high of $151.85. The company has a market cap of $38.54 billion, a PE ratio of 22.14 and a beta of 1.04.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, October 31st. Aon PLC’s dividend payout ratio is currently 20.48%.

In related news, CEO Michael J. O’connor sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total transaction of $1,450,000.00. Following the sale, the chief executive officer now owns 123,805 shares of the company’s stock, valued at $17,951,725. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.90% of the company’s stock.

Several brokerages have commented on AON. Keefe, Bruyette & Woods restated a “buy” rating and set a $154.00 target price on shares of Aon PLC in a research report on Monday, October 16th. Barclays PLC raised their target price on shares of Aon PLC from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, October 16th. Jefferies Group LLC restated a “buy” rating and set a $162.00 target price on shares of Aon PLC in a research report on Friday, October 13th. ValuEngine lowered shares of Aon PLC from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $143.00 price objective on shares of Aon PLC in a research report on W

A number of other large investors have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its holdings in Aon PLC by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,125 shares of the financial services provider’s stock valued at $548,000 after acquiring an additional 15 shares in the last quarter. Ronna Sue Cohen raised its holdings in Aon PLC by 0.3% in the second quarter. Ronna Sue Cohen now owns 6,205 shares of the financial services provider’s stock valued at $825,000 after acquiring an additional 18 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in Aon PLC by 1.1% in the second quarter. Checchi Capital Advisers LLC now owns 2,251 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 25 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Aon PLC by 2.3% in the second quarter. Quadrant Capital Group LLC now owns 1,661 shares of the financial services provider’s stock valued at $216,000 after acquiring an additional 38 shares in the last quarter. Finally, LS Investment Advisors LLC raised its holdings in Aon PLC by 0.3% in the second quarter. LS Investment Advisors LLC now owns 15,833 shares of the financial services provider’s stock valued at $2,105,000 after acquiring an additional 40 shares in the last quarter. 84.01% of the stock is currently owned by hedge funds and other institutional investors.

Aon PLC (NYSE AON) traded up 0.48% on Friday, hitting $151.54. The stock had a trading volume of 773,590 shares. The stock has a 50-day moving average of $145.67 and a 200-day moving average of $134.75. Aon PLC has a one year low of $107.19 and a one year high of $151.85. The company has a market cap of $38.54 billion, a PE ratio of 22.14 and a beta of 1.04.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, October 31st. Aon PLC’s dividend payout ratio is currently 20.48%.

In related news, CEO Michael J. O’connor sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total transaction of $1,450,000.00. Following the sale, the chief executive officer now owns 123,805 shares of the company’s stock, valued at $17,951,725. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.90% of the company’s stock.

Several brokerages have commented on AON. Keefe, Bruyette & Woods restated a “buy” rating and set a $154.00 target price on shares of Aon PLC in a research report on Monday, October 16th. Barclays PLC raised their target price on shares of Aon PLC from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, October 16th. Jefferies Group LLC restated a “buy” rating and set a $162.00 target price on shares of Aon PLC in a research report on Friday, October 13th. ValuEngine lowered shares of Aon PLC from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $143.00 price objective on shares of Aon PLC in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $141.10.

ILLEGAL ACTIVITY NOTICE: This story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://ledgergazette.com/2017/10/22/aon-plc-aon-stake-raised-by-greenwood-gearhart-inc.html.

About Aon PLC

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)

Receive News & Ratings for Aon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply