Twelve Points Wealth Management LLC Has $908,000 Stock Holdings in Aon plc (NYSE:AON)

Twelve Points Wealth Management LLC lifted its stake in shares of Aon plc (NYSE:AON) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,527 shares of the financial services provider’s stock after purchasing an additional 236 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in AON were worth $908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Marshall Wace LLP acquired a new stake in AON during the second quarter worth approximately $4,260,000. Creative Planning lifted its holdings in shares of AON by 9.2% in the second quarter. Creative Planning now owns 35,822 shares of the financial services provider’s stock valued at $10,517,000 after purchasing an additional 3,016 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of AON by 54.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,918 shares of the financial services provider’s stock worth $7,022,000 after acquiring an additional 8,436 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of AON by 50.5% during the second quarter. NewEdge Advisors LLC now owns 11,266 shares of the financial services provider’s stock valued at $3,307,000 after acquiring an additional 3,781 shares during the last quarter. Finally, Quarry LP bought a new position in AON during the second quarter valued at about $101,000. Institutional investors own 86.14% of the company’s stock.

Insider Transactions at AON

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

AON Trading Down 1.3 %

Shares of AON stock opened at $371.79 on Wednesday. Aon plc has a 1 year low of $268.06 and a 1 year high of $395.33. The company has a market capitalization of $80.41 billion, a P/E ratio of 31.37, a P/E/G ratio of 2.00 and a beta of 0.93. The business has a 50 day moving average price of $367.30 and a 200 day moving average price of $352.47. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Monday, February 3rd. AON’s payout ratio is currently 22.78%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. TD Cowen boosted their price objective on AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. JPMorgan Chase & Co. upped their price objective on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Wells Fargo & Company upgraded AON from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $377.00 to $410.00 in a research note on Tuesday, January 14th. Finally, Barclays lifted their target price on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $370.87.

About AON

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.