Coastline Trust Co Has $35,000 Stake in Aon plc (NYSE:AON)

Coastline Trust Co reduced its holdings in Aon plc (NYSE:AON) by 87.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 102 shares of the financial services provider’s stock after selling 720 shares during the quarter. Coastline Trust Co’s holdings in AON were worth $35,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in AON. Avantax Advisory Services Inc. lifted its holdings in shares of AON by 5.5% during the first quarter. Avantax Advisory Services Inc. now owns 729 shares of the financial services provider’s stock worth $243,000 after buying an additional 38 shares during the last quarter. Edgestream Partners L.P. acquired a new position in AON during the 1st quarter valued at $906,000. O Shaughnessy Asset Management LLC boosted its holdings in AON by 0.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 27,338 shares of the financial services provider’s stock valued at $9,123,000 after purchasing an additional 200 shares during the period. Seven Eight Capital LP grew its position in AON by 13.5% in the 1st quarter. Seven Eight Capital LP now owns 6,516 shares of the financial services provider’s stock worth $2,175,000 after purchasing an additional 774 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC acquired a new position in shares of AON during the first quarter valued at about $8,343,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $335.00 price target on shares of AON in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft upped their target price on AON from $311.00 to $353.00 and gave the company a “hold” rating in a research note on Monday, August 26th. Jefferies Financial Group lifted their price target on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $315.00 to $377.00 in a research note on Monday, October 28th. Finally, Bank of America increased their price target 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. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, AON has a consensus rating of “Hold” and an average target price of $359.19.

AON Trading Up 0.8 %

Shares of NYSE AON opened at $379.29 on Monday. Aon plc has a 1-year low of $268.06 and a 1-year 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 company has a 50-day moving average of $359.12 and a two-hundred day moving average of $324.47. The company has a market cap of $82.03 billion, a PE ratio of 32.01, a P/E/G ratio of 2.38 and a beta of 0.91.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders 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 yield of 0.71%. AON’s payout ratio is 22.78%.

AON 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.