Leslie Global Wealth LLC Acquires New Position in Aon plc (NYSE:AON)

Leslie Global Wealth LLC acquired a new stake in Aon plc (NYSE:AON) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 731 shares of the financial services provider’s stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CVA Family Office LLC raised its position in shares of AON by 8.4% during the third quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares during the period. Amplius Wealth Advisors LLC increased its stake in AON by 2.4% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 31 shares in the last quarter. waypoint wealth counsel raised its holdings in AON by 3.6% during the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock worth $321,000 after buying an additional 32 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in AON by 2.2% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,552 shares of the financial services provider’s stock worth $537,000 after buying an additional 34 shares during the period. Finally, Trust Co. of Vermont raised its holdings in AON by 8.7% during the 3rd quarter. Trust Co. of Vermont now owns 438 shares of the financial services provider’s stock worth $152,000 after buying an additional 35 shares during the period. 86.14% of the stock is owned by institutional investors.

AON Price Performance

Shares of AON opened at $368.70 on Wednesday. The firm has a market cap of $79.74 billion, a PE ratio of 31.11, a PEG ratio of 2.29 and a beta of 0.91. The firm’s 50 day moving average price is $353.27 and its 200 day moving average price is $319.66. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. Aon plc has a twelve month low of $268.06 and a twelve month high of $389.21.

AON Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.675 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.73%. AON’s dividend payout ratio (DPR) is presently 22.78%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on AON shares. Deutsche Bank Aktiengesellschaft boosted their price objective on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a report on Monday, August 26th. Jefferies Financial Group boosted their price objective on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. JPMorgan Chase & Co. increased their price target on shares of AON from $353.00 to $379.00 and gave the stock an “overweight” rating in a research report on Thursday, July 11th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $335.00 price target on shares of AON in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $359.19.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.