YHB Investment Advisors Inc. Has $9.33 Million Position in Aon plc (NYSE:AON)

YHB Investment Advisors Inc. cut its holdings in shares of Aon plc (NYSE:AON) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,966 shares of the financial services provider’s stock after selling 125 shares during the period. YHB Investment Advisors Inc.’s holdings in AON were worth $9,326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AON. Diamond Hill Capital Management Inc. bought a new stake in shares of AON in the 3rd quarter valued at about $336,375,000. Vontobel Holding Ltd. boosted its stake in shares of AON by 150.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock valued at $33,326,000 after purchasing an additional 57,847 shares during the last quarter. State Street Corp increased its position in shares of AON by 0.4% during the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after buying an additional 32,417 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in AON by 13.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 165,741 shares of the financial services provider’s stock worth $57,345,000 after buying an additional 20,084 shares during the last quarter. Finally, Retireful LLC bought a new stake in AON during the third quarter valued at $759,000. 86.14% of the stock is owned by institutional investors.

Insider Activity at AON

In related news, COO Mindy F. Simon sold 650 shares of AON stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the sale, the insider now directly owns 8,077 shares in the company, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on AON shares. BMO Capital Markets increased their target price on shares of AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Wells Fargo & Company upgraded AON from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $377.00 to $410.00 in a research note on Tuesday, January 14th. Jefferies Financial Group upped their target price on AON from $344.00 to $365.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. TD Cowen raised their price objective on shares of AON from $413.00 to $432.00 in a report on Thursday, October 24th. Finally, Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and upped their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $370.87.

AON Stock Up 2.1 %

Shares of AON stock opened at $376.78 on Tuesday. The company’s fifty day simple moving average is $367.37 and its two-hundred day simple moving average is $351.91. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The company has a market cap of $81.49 billion, a P/E ratio of 31.80, a PEG ratio of 2.00 and a beta of 0.93. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.72%. AON’s dividend payout ratio is 22.78%.

About AON

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.