Ativo Capital Management LLC cut its stake in shares of Aon PLC (NYSE:AON) by 10.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,732 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Aon PLC makes up 0.6% of Ativo Capital Management LLC’s portfolio, making the stock its 26th largest holding. Ativo Capital Management LLC’s holdings in Aon PLC were worth $2,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Aon PLC by 0.6% during the second quarter. BlackRock Inc. now owns 15,663,729 shares of the financial services provider’s stock valued at $2,082,493,000 after purchasing an additional 100,762 shares during the last quarter. Longview Partners Guernsey LTD grew its holdings in shares of Aon PLC by 1.7% during the second quarter. Longview Partners Guernsey LTD now owns 6,700,077 shares of the financial services provider’s stock valued at $890,775,000 after purchasing an additional 114,690 shares during the last quarter. Mawer Investment Management Ltd. grew its holdings in shares of Aon PLC by 2.5% during the second quarter. Mawer Investment Management Ltd. now owns 5,131,164 shares of the financial services provider’s stock valued at $682,188,000 after purchasing an additional 122,803 shares during the last quarter. Boston Partners grew its holdings in shares of Aon PLC by 1.3% during the second quarter. Boston Partners now owns 3,066,684 shares of the financial services provider’s stock valued at $407,715,000 after purchasing an additional 39,993 shares during the last quarter. Finally, Tesco Pension Investment Ltd grew its holdings in shares of Aon PLC by 4.2% during the second quarter. Tesco Pension Investment Ltd now owns 1,530,405 shares of the financial services provider’s stock valued at $203,467,000 after purchasing an additional 61,907 shares during the last quarter. 84.32% of the stock is owned by institutional investors.

Several brokerages have recently issued reports on AON. Royal Bank Of Canada reiterated a “hold” rating and set a $143.00 price objective on shares of Aon PLC in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a “buy” rating and set a $162.00 price objective (up from $146.00) on shares of Aon PLC in a research report on Monday, July 24th. Wells Fargo & Company reiterated a “hold” rating on shares of Aon PLC in a research report on Friday, August 4th. Citigroup Inc. boosted their price objective on Aon PLC from $155.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Finally, ValuEngine upgraded Aon PLC from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $139.00.

In other news, CEO Michael J. O’connor sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $140.28, for a total transaction of $1,402,800.00. Following the sale, the chief executive officer now directly owns 123,805 shares of the company’s stock, valued at $17,367,365.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by corporate insiders.

Aon PLC (NYSE AON) traded up 0.33% during midday trading on Tuesday, reaching $144.53. The company’s stock had a trading volume of 447,580 shares. The stock has a market capitalization of $36.76 billion, a price-to-earnings ratio of 21.11 and a beta of 1.02. Aon PLC has a 52-week low of $107.19 and a 52-week high of $145.20. The firm has a 50-day moving average price of $139.58 and a 200 day moving average price of $129.83.

Aon PLC (NYSE:AON) last released its quarterly earnings results on Friday, August 4th. The financial services provider reported $1.45 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. Aon PLC had a net margin of 17.28% and a return on equity of 32.62%. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the prior year, the firm earned $1.39 earnings per share. Aon PLC’s revenue was up 3.8% compared to the same quarter last year. Equities research analysts predict that Aon PLC will post $6.50 EPS for the current fiscal year.

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About Aon PLC

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.

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

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