Landscape Capital Management L.L.C. Boosts Holdings in Aon plc (NYSE:AON)

Landscape Capital Management L.L.C. lifted its holdings in Aon plc (NYSE:AON) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,789 shares of the financial services provider’s stock after purchasing an additional 320 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in AON were worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. EP Wealth Advisors LLC purchased a new position in AON during the first quarter valued at approximately $675,000. Quadrature Capital Ltd purchased a new position in AON in the first quarter worth about $1,681,000. LRI Investments LLC bought a new stake in AON during the first quarter worth approximately $55,000. BOKF NA raised its position in AON by 2.7% during the first quarter. BOKF NA now owns 5,508 shares of the financial services provider’s stock valued at $1,815,000 after purchasing an additional 147 shares during the period. Finally, Zurich Insurance Group Ltd FI boosted its holdings in shares of AON by 167.9% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 219,237 shares of the financial services provider’s stock worth $73,164,000 after purchasing an additional 137,405 shares during the period. Institutional investors own 86.14% of the company’s stock.

AON Trading Up 0.8 %

NYSE:AON opened at $383.04 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. Aon plc has a 1 year low of $268.06 and a 1 year high of $389.21. The stock has a market cap of $82.84 billion, a P/E ratio of 32.32, a P/E/G ratio of 2.38 and a beta of 0.91. The stock has a 50-day simple moving average of $361.69 and a 200-day simple moving average of $326.65.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a dividend of $0.675 per share. The ex-dividend date was Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a yield of 0.70%. AON’s payout ratio is currently 22.78%.

Analyst Ratings Changes

AON has been the topic of several recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $335.00 price target on shares of AON in a report on Monday, August 5th. Barclays lifted their target price on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday. Jefferies Financial Group upped their price target on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $315.00 to $377.00 in a report on Monday, October 28th. Finally, Deutsche Bank Aktiengesellschaft raised their target price 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. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $362.06.

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.