833 Shares in Aon plc (NYSE:AON) Acquired by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. acquired a new position in shares of Aon plc (NYSE:AON) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 833 shares of the financial services provider’s stock, valued at approximately $288,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd purchased a new position in AON during the second quarter worth approximately $31,000. First Personal Financial Services purchased a new position in AON during the third quarter worth approximately $37,000. Eastern Bank purchased a new position in AON during the third quarter worth approximately $43,000. Nemes Rush Group LLC acquired a new stake in AON during the second quarter worth $45,000. Finally, Bruce G. Allen Investments LLC increased its stake in AON by 52.7% during the second quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

AON has been the subject of several recent analyst reports. BMO Capital Markets raised their target price on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Bank of America raised their target price on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th. Royal Bank of Canada reissued a “sector perform” rating and set a $335.00 target price on shares of AON in a research note on Monday, August 5th. Wells Fargo & Company raised AON from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $315.00 to $377.00 in a research note on Monday, October 28th. Finally, Jefferies Financial Group raised their target price on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $362.06.

AON Trading Up 0.8 %

NYSE:AON opened at $393.42 on Thursday. The firm has a market cap of $85.08 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 2.44 and a beta of 0.91. The stock has a fifty day moving average price of $364.94 and a 200 day moving average price of $329.79. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33. 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.675 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a yield of 0.69%. AON’s dividend payout ratio (DPR) is presently 22.78%.

AON Company 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.