Arthur M. Cohen & Associates LLC Has $1.28 Million Stock Holdings in Aon plc (NYSE:AON)

Arthur M. Cohen & Associates LLC lowered its holdings in shares of Aon plc (NYSE:AON) by 3.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,670 shares of the financial services provider’s stock after selling 122 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in AON were worth $1,279,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Y.D. More Investments Ltd bought a new position in shares of AON in the second quarter worth about $31,000. Vanguard Group Inc. boosted its position in AON by 0.4% in the first quarter. Vanguard Group Inc. now owns 17,661,672 shares of the financial services provider’s stock valued at $5,894,053,000 after buying an additional 64,500 shares in the last quarter. Vontobel Holding Ltd. grew its stake in shares of 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 buying an additional 57,847 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of AON during the first quarter worth $906,000. Finally, Cetera Investment Advisers boosted its holdings in shares of AON by 255.5% during the 1st quarter. Cetera Investment Advisers now owns 19,448 shares of the financial services provider’s stock valued at $6,490,000 after acquiring an additional 13,977 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Up 0.3 %

AON stock opened at $365.64 on Tuesday. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm’s fifty day moving average is $352.71 and its 200 day moving average is $319.24. The company has a market capitalization of $79.08 billion, a PE ratio of 30.86, a PEG ratio of 2.29 and a beta of 0.91. Aon plc has a 12-month low of $268.06 and a 12-month high of $389.21.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a $0.675 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a yield of 0.74%. AON’s dividend payout ratio (DPR) is presently 22.78%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley lowered their target price on AON from $300.00 to $296.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Bank of America raised their price objective on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $315.00 to $377.00 in a report on Monday, October 28th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of AON from $311.00 to $353.00 and gave the stock a “hold” rating in a report on Monday, August 26th. Finally, Evercore ISI increased their price objective on AON from $338.00 to $384.00 and gave the company an “in-line” rating in a report on Wednesday, October 9th. One 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 data from MarketBeat, AON has an average rating of “Hold” and a consensus target price of $359.19.

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.