OneDigital Investment Advisors LLC Trims Position in Aon plc (NYSE:AON)

OneDigital Investment Advisors LLC decreased its stake in shares of Aon plc (NYSE:AON) by 18.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,790 shares of the financial services provider’s stock after selling 2,143 shares during the period. OneDigital Investment Advisors LLC’s holdings in AON were worth $3,387,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Y.D. More Investments Ltd acquired a new position in AON during the second quarter worth approximately $31,000. Diamond Hill Capital Management Inc. acquired a new position in AON during the third quarter worth approximately $336,375,000. Vanguard Group Inc. increased its position in AON by 0.4% during the first quarter. Vanguard Group Inc. now owns 17,661,672 shares of the financial services provider’s stock worth $5,894,053,000 after purchasing an additional 64,500 shares during the last quarter. Vontobel Holding Ltd. increased its position in AON by 150.4% during the third quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock worth $33,326,000 after purchasing an additional 57,847 shares during the last quarter. Finally, Edgestream Partners L.P. acquired a new position in AON during the first quarter worth approximately $906,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Trading Up 0.8 %

NYSE AON opened at $379.29 on Friday. Aon plc has a 12 month low of $268.06 and a 12 month high of $389.21. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market capitalization of $82.03 billion, a price-to-earnings ratio of 32.01, a price-to-earnings-growth ratio of 2.36 and a beta of 0.91. The company’s fifty day moving average price is $358.50 and its two-hundred day moving average price is $323.21.

AON Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on AON shares. Keefe, Bruyette & Woods increased their price objective on shares of AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. Bank of America increased their price objective on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. TD Cowen increased their price objective on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research report on Monday, August 26th. Finally, Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, AON has a consensus rating of “Hold” and an average 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.