Hantz Financial Services Inc. Lowers Stock Position in Aon plc (NYSE:AON)

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

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Endeavor Private Wealth Inc. purchased a new stake in shares of AON in the fourth quarter worth $29,000. Anchor Investment Management LLC boosted its holdings in AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares during the period. First Personal Financial Services purchased a new stake in AON in the 3rd quarter worth $37,000. RPg Family Wealth Advisory LLC bought a new stake in AON during the third quarter valued at about $42,000. Finally, Eastern Bank purchased a new position in shares of AON in the third quarter valued at about $43,000. Institutional investors own 86.14% of the company’s stock.

Insider Activity at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the transaction, the chief operating officer now owns 1,816 shares in the company, 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 link. Also, insider Lisa Stevens sold 1,275 shares of AON 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 directly 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. 1.30% of the stock is currently owned by insiders.

AON Trading Down 1.2 %

AON opened at $366.98 on Thursday. The stock has a 50-day moving average of $367.15 and a 200 day moving average of $352.99. 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 firm has a market cap of $79.37 billion, a P/E ratio of 30.97, a P/E/G ratio of 2.00 and a beta of 0.93.

AON Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently issued reports on AON shares. BMO Capital Markets increased their target price on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research report on Monday, November 4th. Keefe, Bruyette & Woods reduced their price objective on shares of AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Barclays boosted their target price on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Jefferies Financial Group raised their target price on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company upgraded shares of AON from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $377.00 to $410.00 in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, AON has an average rating of “Hold” and a consensus price target of $370.87.

AON Company Profile

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.