Geller Advisors LLC Has $540,000 Stock Position in Aon plc (NYSE:AON)

Geller Advisors LLC grew its position in shares of Aon plc (NYSE:AON) by 20.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,562 shares of the financial services provider’s stock after buying an additional 260 shares during the quarter. Geller Advisors LLC’s holdings in AON were worth $540,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Y.D. More Investments Ltd bought a new stake in shares of AON during the second quarter worth $31,000. First Personal Financial Services bought a new position in AON in the 3rd quarter worth approximately $37,000. RPg Family Wealth Advisory LLC bought a new position in AON in the 3rd quarter valued at $42,000. Eastern Bank acquired a new stake in shares of AON in the 3rd quarter valued at $43,000. Finally, Nemes Rush Group LLC acquired a new position in shares of AON during the second quarter valued at $45,000. Institutional investors own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AON. Jefferies Financial Group upped their target price on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. TD Cowen raised their price objective on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $315.00 to $377.00 in a research report on Monday, October 28th. Keefe, Bruyette & Woods lifted their price objective on AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. Finally, Bank of America increased their target price on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, AON currently has a consensus rating of “Hold” and a consensus target price of $362.06.

Insider Transactions at AON

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

AON Stock Down 0.5 %

AON stock opened at $378.00 on Monday. Aon plc has a twelve month low of $268.06 and a twelve month high of $395.33. The company has a market cap of $81.75 billion, a price-to-earnings ratio of 31.90, a P/E/G ratio of 2.37 and a beta of 0.91. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The business has a 50 day moving average price of $370.26 and a two-hundred day moving average price of $334.80.

AON Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, November 1st. AON’s dividend payout ratio (DPR) is presently 22.78%.

AON Company Profile

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.