OMERS ADMINISTRATION Corp acquired a new position in shares of Aon PLC (NYSE:AON) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 12,034 shares of the financial services provider’s stock, valued at approximately $1,600,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its position in shares of Aon PLC by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,125 shares of the financial services provider’s stock worth $548,000 after buying an additional 15 shares during the last quarter. Ronna Sue Cohen boosted its position in shares of Aon PLC by 0.3% in the second quarter. Ronna Sue Cohen now owns 6,205 shares of the financial services provider’s stock worth $825,000 after buying an additional 18 shares during the last quarter. Checchi Capital Advisers LLC boosted its position in shares of Aon PLC by 1.1% in the second quarter. Checchi Capital Advisers LLC now owns 2,251 shares of the financial services provider’s stock worth $299,000 after buying an additional 25 shares during the last quarter. LS Investment Advisors LLC boosted its position in shares of Aon PLC by 0.3% in the second quarter. LS Investment Advisors LLC now owns 15,833 shares of the financial services provider’s stock worth $2,105,000 after buying an additional 40 shares during the last quarter. Finally, Cleararc Capital Inc. boosted its position in shares of Aon PLC by 0.9% in the first quarter. Cleararc Capital Inc. now owns 6,444 shares of the financial services provider’s stock worth $765,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 84.31% of the company’s stock.

Aon PLC (NYSE:AON) opened at 139.16 on Friday. Aon PLC has a 1-year low of $107.19 and a 1-year high of $141.45. The company has a market cap of $35.39 billion, a price-to-earnings ratio of 20.33 and a beta of 1.03. The stock has a 50 day moving average price of $138.38 and a 200-day moving average price of $127.65.

Aon PLC (NYSE:AON) last posted 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. Aon PLC had a return on equity of 32.62% and a net margin of 17.28%. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the previous year, the firm posted $1.39 EPS. Aon PLC’s revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts forecast that Aon PLC will post $6.50 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend was Friday, July 28th. Aon PLC’s payout ratio is 20.48%.

ILLEGAL ACTIVITY NOTICE: “OMERS ADMINISTRATION Corp Takes Position in Aon PLC (AON)” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/omers-administration-corp-takes-position-in-aon-plc-aon/1535828.html.

A number of research analysts have issued reports on the company. UBS AG reiterated a “neutral” rating and set a $133.00 price objective (up previously from $125.00) on shares of Aon PLC in a research note on Friday, May 12th. Langen Mcalenn cut Aon PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 21st. Citigroup Inc. lifted their price objective on Aon PLC from $144.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. BidaskClub cut Aon PLC from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 18th. Finally, Janney Montgomery Scott cut Aon PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $139.00.

Aon PLC Company 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.

Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon PLC (NYSE:AON).

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

Receive News & Ratings for Aon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.