Crossmark Global Holdings Inc. Has $3.13 Million Stock Holdings in Aon PLC (NYSE:AON)

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Crossmark Global Holdings Inc. lessened its position in Aon PLC (NYSE:AON) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,192 shares of the financial services provider’s stock after selling 968 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in AON were worth $3,134,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Longview Partners Guernsey LTD raised its position in AON by 8.9% in the 2nd quarter. Longview Partners Guernsey LTD now owns 6,502,583 shares of the financial services provider’s stock valued at $1,254,868,000 after buying an additional 531,216 shares during the last quarter. OppenheimerFunds Inc. raised its position in AON by 7.3% in the 1st quarter. OppenheimerFunds Inc. now owns 144,550 shares of the financial services provider’s stock valued at $24,675,000 after buying an additional 9,889 shares during the last quarter. Capital Investment Advisors LLC raised its position in AON by 7.1% in the 2nd quarter. Capital Investment Advisors LLC now owns 1,773 shares of the financial services provider’s stock valued at $342,000 after buying an additional 117 shares during the last quarter. Chesley Taft & Associates LLC raised its position in AON by 523.7% in the 2nd quarter. Chesley Taft & Associates LLC now owns 9,667 shares of the financial services provider’s stock valued at $1,866,000 after buying an additional 8,117 shares during the last quarter. Finally, Calamos Advisors LLC raised its position in AON by 646.8% in the 2nd quarter. Calamos Advisors LLC now owns 82,150 shares of the financial services provider’s stock valued at $15,853,000 after buying an additional 71,150 shares during the last quarter. 85.74% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE AON opened at $191.10 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.72. Aon PLC has a 12 month low of $135.30 and a 12 month high of $198.61. The stock has a 50 day moving average of $192.03 and a 200-day moving average of $186.72. The company has a market capitalization of $44.02 billion, a P/E ratio of 21.58, a P/E/G ratio of 1.72 and a beta of 0.85.

AON (NYSE:AON) last issued its earnings results on Friday, July 26th. The financial services provider reported $1.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.88 by ($0.01). AON had a return on equity of 48.75% and a net margin of 13.14%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter in the prior year, the firm posted $1.71 earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year. Analysts predict that Aon PLC will post 9.12 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.76 annualized dividend and a dividend yield of 0.92%. AON’s dividend payout ratio is currently 21.57%.

In other news, insider Michael Neller sold 750 shares of AON stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $193.29, for a total transaction of $144,967.50. Following the completion of the transaction, the insider now directly owns 2,192 shares in the company, valued at approximately $423,691.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John G. Bruno sold 7,600 shares of AON stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $192.30, for a total value of $1,461,480.00. Following the transaction, the chief operating officer now owns 46,252 shares of the company’s stock, valued at $8,894,259.60. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

AON has been the subject of a number of analyst reports. Barclays set a $190.00 price target on AON and gave the company a “hold” rating in a research note on Monday, August 12th. ValuEngine downgraded AON from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. UBS Group raised their price target on AON from $181.00 to $196.00 and gave the company a “neutral” rating in a research note on Monday, July 29th. Morgan Stanley raised their price target on AON from $197.00 to $200.00 and gave the company an “equal weight” rating in a research note on Monday, July 29th. Finally, MKM Partners upgraded AON to a “buy” rating and raised their price target for the company from $210.00 to $225.00 in a research note on Monday, June 24th. Eleven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $186.64.

About AON

Aon plc, a professional services firm, provides advisory and solutions based on risk, retirement, and health to clients. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance provider; and health solutions, such as health and benefits brokerages, and health care exchanges.

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Institutional Ownership by Quarter for AON (NYSE:AON)

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