Russell Investments Group Ltd. lowered its position in Aon PLC (NYSE:AON) by 26.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 768,258 shares of the financial services provider’s stock after selling 277,712 shares during the period. Russell Investments Group Ltd. owned 0.29% of Aon PLC worth $102,137,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Ronna Sue Cohen boosted its position in 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. LS Investment Advisors LLC boosted its position in 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. Cleararc Capital Inc. boosted its position in 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. Financial Counselors Inc. boosted its position in Aon PLC by 1.6% in the first quarter. Financial Counselors Inc. now owns 3,641 shares of the financial services provider’s stock worth $432,000 after buying an additional 57 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in Aon PLC by 1.2% in the second quarter. Louisiana State Employees Retirement System now owns 16,300 shares of the financial services provider’s stock worth $2,167,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 86.41% of the company’s stock.

Shares of Aon PLC (NYSE:AON) opened at 138.95 on Monday. The company has a 50 day moving average price of $135.80 and a 200 day moving average price of $123.89. The company has a market capitalization of $36.41 billion, a PE ratio of 27.45 and a beta of 1.03. Aon PLC has a 52 week low of $107.19 and a 52 week high of $141.45.

Aon PLC (NYSE:AON) last issued its quarterly earnings results 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 net margin of 17.28% and a return on equity of 32.62%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter last year, the business posted $1.39 EPS. Aon PLC’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts expect that Aon PLC will post $6.49 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, July 28th. Aon PLC’s dividend payout ratio (DPR) is presently 20.48%.

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A number of equities analysts recently commented on the company. UBS AG reiterated a “neutral” rating and set a $133.00 price target (up previously from $125.00) on shares of Aon PLC in a report on Friday, May 12th. Langen Mcalenn cut Aon PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, June 21st. Citigroup Inc. lifted their price target on Aon PLC from $144.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, July 13th. Royal Bank Of Canada reiterated a “hold” rating and set a $143.00 price target on shares of Aon PLC in a report on Sunday. Finally, Zacks Investment Research cut Aon PLC from a “hold” rating to a “sell” rating in a report on Wednesday, April 12th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $135.83.

In related news, EVP Peter M. Lieb sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $130.40, for a total value of $260,800.00. Following the completion of the transaction, the executive vice president now directly owns 20,216 shares of the company’s stock, valued at approximately $2,636,166.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Laurel G. Meissner sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $126.19, for a total transaction of $504,760.00. Following the completion of the transaction, the senior vice president now directly owns 16,314 shares of the company’s stock, valued at $2,058,663.66. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by company insiders.

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.

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

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