Aon plc (NYSE:AON) Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its holdings in Aon plc (NYSE:AON) by 5.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,574 shares of the financial services provider’s stock after purchasing an additional 80 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in AON were worth $545,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AON. Y.D. More Investments Ltd acquired a new stake in AON in the 2nd quarter valued at $31,000. First Personal Financial Services purchased a new stake in shares of AON during the third quarter worth about $37,000. Eastern Bank acquired a new position in shares of AON during the 3rd quarter worth about $43,000. Nemes Rush Group LLC acquired a new stake in AON in the 2nd quarter worth about $45,000. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of AON by 52.7% during the second quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 58 shares during the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Up 0.8 %

Shares of AON opened at $379.29 on Friday. The company’s 50-day moving average price is $358.50 and its 200 day moving average price is $323.21. Aon plc has a 12-month low of $268.06 and a 12-month high of $389.21. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm has a market cap of $82.03 billion, a P/E ratio of 32.08, a price-to-earnings-growth ratio of 2.42 and a beta of 0.91.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a $0.675 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.70 annualized dividend and a dividend yield of 0.71%. AON’s dividend payout ratio is currently 22.78%.

Analyst Ratings Changes

Several analysts recently commented on AON shares. Deutsche Bank Aktiengesellschaft boosted their price target on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research report on Monday, August 26th. Keefe, Bruyette & Woods increased their target price on shares of AON from $385.00 to $415.00 and gave the company an “outperform” rating in a research report on Tuesday, October 29th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. Evercore ISI raised their target price on shares of AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 9th. Finally, TD Cowen upped their price target on AON from $413.00 to $432.00 in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, AON currently has an average rating of “Hold” and a consensus target price of $359.19.

AON Company Profile

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.