Strs Ohio raised its position in Aon PLC (NYSE:AON) by 2,290.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 169,322 shares of the company’s stock after buying an additional 162,239 shares during the period. Strs Ohio’s holdings in Aon PLC were worth $18,495,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Checchi Capital Advisers LLC raised its stake in shares of Aon PLC by 4.8% in the second quarter. Checchi Capital Advisers LLC now owns 1,776 shares of the company’s stock worth $194,000 after buying an additional 81 shares during the period. Chesley Taft & Associates LLC purchased a new stake in shares of Aon PLC during the second quarter worth about $203,000. Bremer Trust National Association raised its stake in shares of Aon PLC by 8.1% in the second quarter. Bremer Trust National Association now owns 3,139 shares of the company’s stock worth $343,000 after buying an additional 234 shares during the period. IFP Advisors Inc raised its stake in shares of Aon PLC by 141.2% in the first quarter. IFP Advisors Inc now owns 3,189 shares of the company’s stock worth $333,000 after buying an additional 1,867 shares during the period. Finally, Capital Analysts LLC raised its stake in shares of Aon PLC by 8.2% in the second quarter. Capital Analysts LLC now owns 3,595 shares of the company’s stock worth $393,000 after buying an additional 272 shares during the period. Institutional investors own 84.51% of the company’s stock.
Aon PLC (NYSE:AON) traded down 0.11% during midday trading on Wednesday, reaching $112.28. 752,814 shares of the company traded hands. Aon PLC has a one year low of $83.83 and a one year high of $113.78. The company has a 50 day moving average price of $110.57 and a 200-day moving average price of $107.37. The stock has a market capitalization of $29.82 billion, a P/E ratio of 21.14 and a beta of 1.06.
Aon PLC (NYSE:AON) last announced its earnings results on Friday, July 29th. The company reported $1.39 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.39. Aon PLC had a net margin of 12.65% and a return on equity of 30.10%. The business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.85 billion. During the same quarter in the prior year, the firm posted $1.31 earnings per share. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. Analysts forecast that Aon PLC will post $6.49 EPS for the current fiscal year.
A number of brokerages have issued reports on AON. Zacks Investment Research raised shares of Aon PLC from a “sell” rating to a “hold” rating in a report on Monday. MKM Partners lowered shares of Aon PLC from a “buy” rating to a “neutral” rating and set a $115.00 price target on the stock. in a report on Tuesday, August 9th. They noted that the move was a valuation call. BMO Capital Markets reissued a “market perform” rating and issued a $115.00 price target (up previously from $107.00) on shares of Aon PLC in a report on Tuesday, July 12th. Oppenheimer Holdings Inc. reissued a “buy” rating on shares of Aon PLC in a report on Tuesday, June 7th. Finally, Credit Suisse Group AG set a $90.00 price target on shares of Aon PLC and gave the stock a “sell” rating in a report on Monday, September 12th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. Aon PLC currently has a consensus rating of “Hold” and an average target price of $108.73.
In other news, CEO Stephen P. Mcgill sold 46,698 shares of the stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $108.41, for a total value of $5,062,530.18. Following the sale, the chief executive officer now owns 252,071 shares of the company’s stock, valued at $27,327,017.11. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.
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.
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