1,792 Shares in Aon plc $AON Acquired by Yanni & Associates Investment Advisors LLC

Yanni & Associates Investment Advisors LLC acquired a new position in shares of Aon plc (NYSE:AON) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,792 shares of the financial services provider’s stock, valued at approximately $632,000. AON comprises about 0.6% of Yanni & Associates Investment Advisors LLC’s portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westside Investment Management Inc. boosted its stake in AON by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 70 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 35 shares during the last quarter. Wealth Watch Advisors INC bought a new position in AON during the 3rd quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new position in AON during the 4th quarter worth approximately $30,000. Strive Asset Management LLC bought a new position in AON during the 3rd quarter worth approximately $35,000. Finally, Measured Wealth Private Client Group LLC bought a new position in AON during the 3rd quarter worth approximately $37,000. Institutional investors own 86.14% of the company’s stock.

AON Price Performance

NYSE AON opened at $326.48 on Tuesday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 1.36. Aon plc has a 12-month low of $304.59 and a 12-month high of $381.00. The company has a market capitalization of $69.73 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. The firm’s 50 day moving average is $322.19 and its 200-day moving average is $335.20.

AON (NYSE:AON) last posted its quarterly earnings data on Saturday, May 2nd. The financial services provider reported $6.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.37 by $0.11. AON had a net margin of 22.54% and a return on equity of 43.50%. The company had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $4.97 billion. During the same period last year, the company earned $5.67 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. Equities research analysts anticipate that Aon plc will post 19.07 earnings per share for the current fiscal year.

AON Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from AON’s previous quarterly dividend of $0.75. The ex-dividend date was Friday, May 1st. AON’s dividend payout ratio is 16.36%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AON. JPMorgan Chase & Co. dropped their target price on shares of AON from $406.00 to $396.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Bank of America upgraded shares of AON from a “neutral” rating to an “outperform” rating and dropped their target price for the stock from $398.00 to $397.00 in a report on Friday, February 27th. Cantor Fitzgerald raised their target price on shares of AON from $393.00 to $412.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of AON in a report on Tuesday, April 21st. Finally, Barclays dropped their target price on shares of AON from $381.00 to $372.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, AON has an average rating of “Moderate Buy” and an average price target of $397.88.

AON Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.