828 Shares in Aon plc (NYSE:AON) Acquired by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Aon plc (NYSE:AON) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 828 shares of the financial services provider’s stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of AON. Capital Planning Advisors LLC grew its stake in shares of AON by 9.3% during the fourth quarter. Capital Planning Advisors LLC now owns 13,610 shares of the financial services provider’s stock valued at $4,888,000 after purchasing an additional 1,158 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in AON during the 4th quarter worth $29,000. True North Advisors LLC increased its stake in shares of AON by 14.2% in the 4th quarter. True North Advisors LLC now owns 731 shares of the financial services provider’s stock valued at $263,000 after buying an additional 91 shares during the period. Wesbanco Bank Inc. raised its position in shares of AON by 13.3% during the fourth quarter. Wesbanco Bank Inc. now owns 11,909 shares of the financial services provider’s stock worth $4,277,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of AON by 146.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 135,683 shares of the financial services provider’s stock valued at $48,732,000 after acquiring an additional 80,584 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Activity

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

AON Stock Up 1.2 %

Shares of AON stock opened at $368.91 on Friday. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33. 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 has a fifty day moving average of $367.37 and a 200-day moving average of $351.11. The company has a market capitalization of $79.79 billion, a price-to-earnings ratio of 31.13, a P/E/G ratio of 2.00 and a beta of 0.93.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s dividend payout ratio is 22.78%.

Analyst Ratings Changes

Several brokerages have weighed in on AON. Bank of America boosted their price objective on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. BMO Capital Markets increased their price objective on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Wells Fargo & Company raised shares of AON from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $377.00 to $410.00 in a report on Tuesday, January 14th. Keefe, Bruyette & Woods cut their price target on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Finally, JPMorgan Chase & Co. lifted their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target 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.