Lodestar Investment Counsel LLC IL maintained its stake in shares of Aon plc Class A (NYSE:AON) during the first quarter, Holdings Channel reports. The firm owned 3,825 shares of the financial services provider’s stock at the end of the first quarter. Lodestar Investment Counsel LLC IL’s holdings in Aon plc Class A were worth $454,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Huntington National Bank increased its position in shares of Aon plc Class A by 19.4% in the third quarter. Huntington National Bank now owns 14,164 shares of the financial services provider’s stock valued at $1,593,000 after buying an additional 2,301 shares during the last quarter. APG Asset Management N.V. increased its position in shares of Aon plc Class A by 217.4% in the third quarter. APG Asset Management N.V. now owns 320,332 shares of the financial services provider’s stock valued at $36,034,000 after buying an additional 219,400 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Aon plc Class A by 16.3% in the third quarter. Wells Fargo & Company MN now owns 913,044 shares of the financial services provider’s stock valued at $102,710,000 after buying an additional 128,144 shares during the last quarter. Kissinger Financial Services LLC acquired a new position in shares of Aon plc Class A during the third quarter valued at about $216,000. Finally, Nikko Asset Management Americas Inc. acquired a new position in shares of Aon plc Class A during the third quarter valued at about $427,000. 83.61% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Aon plc Class A (NYSE:AON)

Aon plc Class A (NYSE:AON) traded down 0.16% during midday trading on Tuesday, hitting $118.86. The stock had a trading volume of 832,704 shares. The company has a market capitalization of $31.21 billion, a PE ratio of 23.03 and a beta of 1.01. Aon plc Class A has a 52 week low of $100.55 and a 52 week high of $120.40. The company’s 50-day moving average price is $117.98 and its 200 day moving average price is $113.82.

Aon plc Class A (NYSE:AON) last announced its earnings results on Friday, February 10th. The financial services provider reported $2.56 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.49 by $0.07. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.41 billion. Aon plc Class A had a return on equity of 32.46% and a net margin of 12.01%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.27 earnings per share. On average, analysts expect that Aon plc Class A will post $6.31 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 15th. Stockholders of record on Monday, May 1st will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, April 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.21%. This is a positive change from Aon plc Class A’s previous quarterly dividend of $0.33. Aon plc Class A’s dividend payout ratio (DPR) is 25.53%.

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Several brokerages have issued reports on AON. Citigroup Inc lifted their price objective on Aon plc Class A from $130.00 to $136.00 and gave the company a “buy” rating in a research report on Friday, April 7th. Credit Suisse Group AG downgraded Aon plc Class A to a “sell” rating and set a $115.00 price objective for the company. in a research report on Saturday, February 11th. Zacks Investment Research downgraded Aon plc Class A from a “hold” rating to a “sell” rating in a research report on Monday, January 9th. Wells Fargo & Co reiterated a “hold” rating on shares of Aon plc Class A in a research report on Sunday. Finally, Barclays PLC reiterated a “hold” rating and issued a $110.00 price objective on shares of Aon plc Class A in a research report on Monday, January 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $123.11.

In other news, CEO Gregory C. Case sold 520,000 shares of the stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $115.58, for a total transaction of $60,101,600.00. Following the transaction, the chief executive officer now owns 572,789 shares in the company, valued at $66,202,952.62. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Christa Davies sold 48,216 shares of the stock in a transaction that occurred on Friday, February 17th. The stock was sold at an average price of $117.42, for a total value of $5,661,522.72. Following the transaction, the chief financial officer now owns 301,315 shares in the company, valued at approximately $35,380,407.30. The disclosure for this sale can be found here. In the last quarter, insiders have sold 584,899 shares of company stock worth $67,719,872. 1.00% of the stock is owned by corporate insiders.

Aon plc Class A 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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