Aon plc (NYSE:AON) Stock Holdings Lowered by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise reduced its holdings in Aon plc (NYSE:AON) by 34.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,264 shares of the financial services provider’s stock after selling 3,250 shares during the quarter. Banque Cantonale Vaudoise’s holdings in AON were worth $2,167,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Y.D. More Investments Ltd acquired a new stake in shares of AON during the second quarter valued at approximately $31,000. First Personal Financial Services acquired a new stake in shares of AON during the third quarter valued at approximately $37,000. Eastern Bank acquired a new stake in shares of AON during the third quarter valued at approximately $43,000. Nemes Rush Group LLC acquired a new stake in shares of AON during the second quarter valued at approximately $45,000. Finally, LRI Investments LLC acquired a new stake in shares of AON during the first quarter valued at approximately $55,000. 86.14% of the stock is currently owned by institutional investors.

AON Stock Performance

NYSE:AON opened at $380.08 on Thursday. Aon plc has a 1 year low of $268.06 and a 1 year high of $389.21. The firm’s fifty day simple moving average is $360.99 and its 200 day simple moving average is $326.26. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm has a market capitalization of $82.20 billion, a PE ratio of 32.07, a PEG ratio of 2.38 and a beta of 0.91.

AON Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a $0.675 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.71%. AON’s dividend payout ratio is 22.78%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AON shares. Deutsche Bank Aktiengesellschaft increased 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. Evercore ISI increased their target price on shares of AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 9th. Jefferies Financial Group increased 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. TD Cowen increased their target price on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Finally, Barclays initiated coverage on shares of AON in a research note on Wednesday, September 4th. They set an “overweight” rating and a $394.00 price target on the stock. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $359.19.

About AON

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.