Tufton Capital Management purchased a new stake in Aon plc Class A Ordinary Shares (UK) (NYSE:AON) during the second quarter, Holdings Channel reports. The firm purchased 1,900 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC raised its position in Aon plc Class A Ordinary Shares (UK) by 4.8% in the second quarter. Checchi Capital Advisers LLC now owns 1,776 shares of the company’s stock valued at $194,000 after buying an additional 81 shares during the last quarter. Chesley Taft & Associates LLC purchased a new position in Aon plc Class A Ordinary Shares (UK) during the second quarter valued at about $203,000. IFP Advisors Inc raised its position in Aon plc Class A Ordinary Shares (UK) by 141.2% in the first quarter. IFP Advisors Inc now owns 3,189 shares of the company’s stock valued at $333,000 after buying an additional 1,867 shares during the last quarter. Bremer Trust National Association raised its position in Aon plc Class A Ordinary Shares (UK) by 8.1% in the second quarter. Bremer Trust National Association now owns 3,139 shares of the company’s stock valued at $343,000 after buying an additional 234 shares during the last quarter. Finally, Capital Analysts LLC raised its position in Aon plc Class A Ordinary Shares (UK) by 8.2% in the second quarter. Capital Analysts LLC now owns 3,595 shares of the company’s stock valued at $393,000 after buying an additional 272 shares during the last quarter. Hedge funds and other institutional investors own 84.51% of the company’s stock.

Aon plc Class A Ordinary Shares (NYSE:AON) traded up 1.63% during trading on Wednesday, reaching $112.11. 1,530,949 shares of the company’s stock were exchanged. Aon plc Class A Ordinary Shares has a 12 month low of $83.83 and a 12 month high of $112.50. The firm has a 50 day moving average of $110.26 and a 200-day moving average of $106.89. The stock has a market cap of $29.78 billion, a PE ratio of 21.11 and a beta of 1.06.

Aon plc Class A Ordinary Shares (UK) (NYSE:AON) last released its quarterly earnings data on Friday, July 29th. The company reported $1.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.39. Aon plc Class A Ordinary Shares (UK) had a return on equity of 30.10% and a net margin of 12.65%. The firm earned $2.80 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the prior year, the firm posted $1.31 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, equities research analysts anticipate that Aon plc Class A Ordinary Shares will post $6.49 earnings per share for the current fiscal year.

Several research firms have issued reports on AON. Credit Suisse Group AG restated a “sell” rating on shares of Aon plc Class A Ordinary Shares (UK) in a report on Monday, August 1st. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of Aon plc Class A Ordinary Shares (UK) in a research note on Tuesday, June 7th. Zacks Investment Research lowered shares of Aon plc Class A Ordinary Shares (UK) from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. Jefferies Group lifted their price objective on shares of Aon plc Class A Ordinary Shares (UK) from $120.00 to $123.00 and gave the company a “buy” rating in a research note on Monday, August 1st. Finally, Langen Mcalenn reiterated a “buy” rating on shares of Aon plc Class A Ordinary Shares (UK) in a research note on Tuesday, August 2nd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $107.83.

In related news, CEO Stephen P. Mcgill sold 46,698 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $108.41, for a total value of $5,062,530.18. Following the completion of 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 Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Aon plc Class A Ordinary Shares (UK) 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.

5 Day Chart for NYSE:AON

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