Cornerstone Capital Management Holdings LLC. trimmed its position in Aon PLC (NYSE:AON) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,685 shares of the financial services provider’s stock after selling 1,551 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in AON were worth $6,382,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of AON. OMERS ADMINISTRATION Corp bought a new stake in AON in the second quarter valued at $1,600,000. Swiss National Bank boosted its holdings in AON by 2.8% in the second quarter. Swiss National Bank now owns 990,371 shares of the financial services provider’s stock valued at $131,670,000 after acquiring an additional 27,000 shares in the last quarter. Davis R M Inc. boosted its holdings in AON by 1.6% in the third quarter. Davis R M Inc. now owns 163,307 shares of the financial services provider’s stock valued at $23,859,000 after acquiring an additional 2,501 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in AON by 16.1% in the second quarter. New York State Common Retirement Fund now owns 1,143,276 shares of the financial services provider’s stock valued at $151,999,000 after acquiring an additional 158,175 shares in the last quarter. Finally, Nomura Holdings Inc. boosted its holdings in AON by 603.8% in the second quarter. Nomura Holdings Inc. now owns 23,184 shares of the financial services provider’s stock valued at $3,083,000 after acquiring an additional 19,890 shares in the last quarter. 87.66% of the stock is currently owned by institutional investors.

AON has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of AON from a “hold” rating to a “buy” rating and set a $171.00 price target on the stock in a report on Wednesday, October 25th. Barclays boosted their target price on shares of AON from $135.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, October 16th. Jefferies Group restated a “buy” rating on shares of AON in a report on Tuesday, September 5th. Wells Fargo & Company boosted their target price on shares of AON from $138.00 to $143.00 and gave the company a “market perform” rating in a report on Monday, October 30th. Finally, Sandler O’Neill restated a “hold” rating on shares of AON in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. AON has an average rating of “Hold” and an average target price of $145.08.

In related news, SVP Laurel G. Meissner sold 4,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $141.20, for a total value of $564,800.00. Following the transaction, the senior vice president now owns 12,314 shares in the company, valued at approximately $1,738,736.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael J. O’connor sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total transaction of $1,450,000.00. Following the completion of the transaction, the chief executive officer now owns 123,805 shares in the company, valued at approximately $17,951,725. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,680 shares of company stock worth $7,353,887. 0.90% of the stock is currently owned by company insiders.

Aon PLC (AON) opened at $136.56 on Thursday. The stock has a market cap of $34,610.83, a PE ratio of 20.52, a P/E/G ratio of 1.80 and a beta of 1.04. Aon PLC has a one year low of $109.82 and a one year high of $152.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.35 and a quick ratio of 2.35.

AON (NYSE:AON) last announced its quarterly earnings results on Friday, October 27th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.28 by $0.01. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.29 billion. AON had a net margin of 16.78% and a return on equity of 32.71%. AON’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.29 EPS. analysts expect that Aon PLC will post 6.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Tuesday, October 31st. AON’s payout ratio is 21.79%.

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AON 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.

Institutional Ownership by Quarter for AON (NYSE:AON)

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