Trust Co. of Oklahoma Has $372,000 Stock Holdings in Aon plc (NYSE:AON)

Trust Co. of Oklahoma reduced its stake in Aon plc (NYSE:AON) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,037 shares of the financial services provider’s stock after selling 34 shares during the period. Trust Co. of Oklahoma’s holdings in AON were worth $372,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Endeavor Private Wealth Inc. bought a new position in shares of AON during the fourth quarter worth $29,000. True North Advisors LLC increased its stake in AON by 14.2% during the 4th quarter. True North Advisors LLC now owns 731 shares of the financial services provider’s stock worth $263,000 after purchasing an additional 91 shares in the last quarter. Wesbanco Bank Inc. lifted its position in AON by 13.3% in the 4th quarter. Wesbanco Bank Inc. now owns 11,909 shares of the financial services provider’s stock valued at $4,277,000 after acquiring an additional 1,394 shares in the last quarter. Nisa Investment Advisors LLC boosted its position 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 worth $48,732,000 after buying an additional 80,584 shares during the period. Finally, Genesis Private Wealth LLC bought a new position in shares of AON during the 4th quarter worth approximately $281,000. 86.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at AON

In other AON news, insider Lisa Stevens sold 1,275 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the transaction, the chief operating officer now directly owns 1,816 shares of the company’s stock, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

AON Trading Down 0.2 %

Shares of AON stock opened at $367.27 on Thursday. Aon plc has a 52-week low of $268.06 and a 52-week high of $395.33. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. The firm has a 50-day moving average of $367.82 and a 200-day moving average of $350.52. The stock has a market cap of $79.43 billion, a PE ratio of 30.99, a PEG ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.74%. AON’s dividend payout ratio (DPR) is presently 22.78%.

Wall Street Analyst Weigh In

Several research analysts recently commented on AON shares. Bank of America increased their target price on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. TD Cowen raised their price objective on AON from $413.00 to $432.00 in a report on Thursday, October 24th. Wells Fargo & Company upgraded AON from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $377.00 to $410.00 in a report on Tuesday, January 14th. Barclays boosted their price target on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. increased their price objective on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $370.87.

AON 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.