Hantz Financial Services Inc. Sells 2,166 Shares of Aon plc (NYSE:AON)

Hantz Financial Services Inc. lowered its position in shares of Aon plc (NYSE:AON) by 9.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,379 shares of the financial services provider’s stock after selling 2,166 shares during the period. Hantz Financial Services Inc.’s holdings in AON were worth $7,319,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Diamond Hill Capital Management Inc. bought a new stake in shares of AON in the third quarter worth about $336,375,000. Veritas Asset Management LLP lifted its holdings in AON by 41.6% in the 3rd quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider’s stock worth $1,041,623,000 after buying an additional 883,761 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AON by 334.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,050,537 shares of the financial services provider’s stock worth $363,475,000 after buying an additional 808,990 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of AON during the third quarter valued at approximately $906,040,000. Finally, Accredited Investors Inc. raised its holdings in shares of AON by 5,694.5% during the third quarter. Accredited Investors Inc. now owns 242,442 shares of the financial services provider’s stock valued at $83,883,000 after acquiring an additional 238,258 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Insider Activity

In other news, COO Mindy F. Simon sold 650 shares of the 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 transaction, the chief operating officer now owns 1,816 shares in the company, valued at $716,121.44. This represents a 26.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

AON Stock Down 1.2 %

AON stock opened at $366.98 on Thursday. The firm has a market cap of $79.37 billion, a price-to-earnings ratio of 30.97, a PEG ratio of 2.00 and a beta of 0.93. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.33. The stock has a fifty day simple moving average of $367.15 and a two-hundred day simple moving average of $352.99.

AON Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.74%. The ex-dividend date is Monday, February 3rd. AON’s dividend payout ratio is currently 22.78%.

Analyst Upgrades and Downgrades

AON has been the subject of several research reports. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th. BMO Capital Markets lifted their price target on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. raised their price objective on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Jefferies Financial Group upped their target price on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company raised shares of AON from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $377.00 to $410.00 in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five 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 $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.