Glenview State Bank Trust DEPT. held its position in Aon PLC (NYSE:AON) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,325 shares of the company’s stock at the end of the second quarter. Glenview State Bank Trust DEPT.’s holdings in Aon PLC were worth $1,346,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of AON. Canada Pension Plan Investment Board raised its position in Aon PLC by 175.5% in the first quarter. Canada Pension Plan Investment Board now owns 81,010 shares of the company’s stock worth $8,461,000 after buying an additional 51,600 shares during the period. British Columbia Investment Management Corp raised its position in Aon PLC by 51.9% in the second quarter. British Columbia Investment Management Corp now owns 145,486 shares of the company’s stock worth $15,891,000 after buying an additional 49,720 shares during the period. Exxonmobil Investment Management Inc. TX raised its position in Aon PLC by 4.3% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 68,574 shares of the company’s stock worth $7,490,000 after buying an additional 2,816 shares during the period. Abner Herrman & Brock LLC raised its position in Aon PLC by 0.9% in the second quarter. Abner Herrman & Brock LLC now owns 36,294 shares of the company’s stock worth $3,999,000 after buying an additional 327 shares during the period. Finally, Ronna Sue Cohen raised its position in Aon PLC by 0.3% in the second quarter. Ronna Sue Cohen now owns 6,133 shares of the company’s stock worth $670,000 after buying an additional 19 shares during the period. Hedge funds and other institutional investors own 84.50% of the company’s stock.
Shares of Aon PLC (NYSE:AON) traded down 0.65% on Monday, reaching $109.97. 927,387 shares of the company traded hands. The company has a market capitalization of $29.21 billion, a PE ratio of 20.71 and a beta of 1.02. Aon PLC has a 52-week low of $83.83 and a 52-week high of $113.78. The firm has a 50-day moving average of $111.25 and a 200-day moving average of $108.17.
Aon PLC (NYSE:AON) last issued its earnings results on Friday, July 29th. The company reported $1.39 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.39. Aon PLC had a return on equity of 30.10% and a net margin of 12.65%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same period last year, the company earned $1.31 earnings per share. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, equities research analysts forecast that Aon PLC will post $6.49 earnings per share for the current fiscal year.
A number of equities analysts recently weighed in on AON shares. Zacks Investment Research upgraded shares of Aon PLC from a “hold” rating to a “buy” rating and set a $123.00 price objective on the stock in a research report on Monday, July 4th. Credit Suisse Group AG restated an “underperform” rating on shares of Aon PLC in a research report on Wednesday, July 6th. BMO Capital Markets restated a “market perform” rating and set a $115.00 target price (up from $107.00) on shares of Aon PLC in a research report on Tuesday, July 12th. Jefferies Group boosted their target price on shares of Aon PLC from $120.00 to $123.00 and gave the stock a “buy” rating in a research report on Monday, August 1st. Finally, Langen Mcalenn restated a “buy” rating on shares of Aon PLC in a research report on Tuesday, August 2nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. Aon PLC presently has a consensus rating of “Hold” and an average price target of $108.75.
In other Aon PLC news, CEO Stephen P. Mcgill sold 46,698 shares of the 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 sale, the chief executive officer now directly owns 252,071 shares of the company’s stock, valued at $27,327,017.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is 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.
Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon PLC (NYSE:AON).
Receive News & Ratings for Aon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon PLC and related companies with MarketBeat.com's FREE daily email newsletter.