Arrowstreet Capital Limited Partnership trimmed its holdings in Aon PLC (NYSE:AON) by 4.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,873,681 shares of the financial services provider’s stock after selling 94,880 shares during the period. Arrowstreet Capital Limited Partnership owned 0.74% of Aon PLC worth $249,106,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Broad Run Investment Management LLC raised its holdings in Aon PLC by 1.2% during the second quarter. Broad Run Investment Management LLC now owns 1,447,226 shares of the financial services provider’s stock worth $192,409,000 after purchasing an additional 17,378 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in Aon PLC by 100.2% during the second quarter. Cubist Systematic Strategies LLC now owns 9,257 shares of the financial services provider’s stock worth $1,231,000 after purchasing an additional 4,634 shares in the last quarter. Permian Investment Partners LP raised its holdings in Aon PLC by 7.4% during the second quarter. Permian Investment Partners LP now owns 923,738 shares of the financial services provider’s stock worth $122,811,000 after purchasing an additional 63,315 shares in the last quarter. Sustainable Insight Capital Management LLC raised its holdings in Aon PLC by 0.8% during the second quarter. Sustainable Insight Capital Management LLC now owns 119,400 shares of the financial services provider’s stock worth $15,874,000 after purchasing an additional 900 shares in the last quarter. Finally, Gotham Asset Management LLC raised its holdings in Aon PLC by 2.0% during the second quarter. Gotham Asset Management LLC now owns 33,581 shares of the financial services provider’s stock worth $4,465,000 after purchasing an additional 655 shares in the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

Aon PLC (NYSE:AON) traded up 0.14% during mid-day trading on Friday, hitting $146.84. 752,457 shares of the stock traded hands. The stock has a 50 day moving average price of $142.51 and a 200 day moving average price of $132.53. The firm has a market cap of $37.35 billion, a PE ratio of 21.45 and a beta of 1.04. Aon PLC has a 12-month low of $107.19 and a 12-month high of $147.66.

Aon PLC (NYSE:AON) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Aon PLC had a net margin of 17.28% and a return on equity of 32.62%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. On average, analysts expect that Aon PLC will post $6.50 earnings per share for the current fiscal year.

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In other news, CEO Michael J. O’connor sold 10,000 shares of Aon PLC stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $145.00, for a total value of $1,450,000.00. Following the transaction, the chief executive officer now owns 123,805 shares of the company’s stock, valued at approximately $17,951,725. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.

AON has been the subject of several analyst reports. Jefferies Group LLC reissued a “buy” rating and set a $146.00 price target on shares of Aon PLC in a report on Friday, June 16th. Janney Montgomery Scott cut shares of Aon PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, June 21st. Langen Mcalenn cut shares of Aon PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, June 21st. Credit Suisse Group set a $133.00 price target on shares of Aon PLC and gave the stock a “sell” rating in a report on Thursday, June 22nd. Finally, BidaskClub cut shares of Aon PLC from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 24th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $138.20.

Aon PLC Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

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Institutional Ownership by Quarter for Aon PLC (NYSE:AON)

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