Aon plc Class A (AON) Stock Rating Lowered by William Blair

Aon plc Class A (NYSE:AON) was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued on Tuesday, The Fly reports.

Other analysts have also issued research reports about the stock. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $158.00 price objective on shares of Aon plc Class A in a research note on Wednesday, December 6th. Goldman Sachs Group assumed coverage on shares of Aon plc Class A in a research note on Monday, December 4th. They issued a “neutral” rating and a $149.00 price objective for the company. Zacks Investment Research lowered shares of Aon plc Class A from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. ValuEngine lowered shares of Aon plc Class A from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, Jefferies Group lifted their price objective on shares of Aon plc Class A from $162.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. Aon plc Class A presently has an average rating of “Hold” and a consensus target price of $144.69.

Shares of Aon plc Class A (NYSE:AON) opened at $136.55 on Tuesday. The firm has a market cap of $34,120.00, a price-to-earnings ratio of 35.65, a PEG ratio of 1.43 and a beta of 1.04. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.35 and a quick ratio of 2.35. Aon plc Class A has a one year low of $109.82 and a one year high of $152.78.

Aon plc Class A (NYSE:AON) last released its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.01. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.29 billion. Aon plc Class A had a net margin of 16.78% and a return on equity of 32.71%. Aon plc Class A’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.29 EPS. analysts expect that Aon plc Class A will post 6.53 earnings per share for the current fiscal year.

In related news, SVP Laurel G. Meissner sold 4,000 shares of Aon plc Class A stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $141.20, for a total value of $564,800.00. Following the completion of the sale, the senior vice president now owns 12,314 shares of the company’s stock, valued at approximately $1,738,736.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP John G. Bruno sold 10,000 shares of Aon plc Class A stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $143.24, for a total transaction of $1,432,400.00. Following the completion of the sale, the executive vice president now directly owns 10,471 shares of the company’s stock, valued at approximately $1,499,866.04. The disclosure for this sale can be found here. In the last three months, insiders sold 41,680 shares of company stock valued at $5,903,887. 0.90% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its position in Aon plc Class A by 97.0% in the 3rd quarter. Jane Street Group LLC now owns 7,002 shares of the financial services provider’s stock valued at $1,023,000 after purchasing an additional 3,448 shares during the period. California Public Employees Retirement System boosted its holdings in Aon plc Class A by 5.0% during the 3rd quarter. California Public Employees Retirement System now owns 700,844 shares of the financial services provider’s stock worth $102,393,000 after acquiring an additional 33,364 shares during the last quarter. Davis R M Inc. boosted its holdings in Aon plc Class A by 1.6% during the 3rd quarter. Davis R M Inc. now owns 163,307 shares of the financial services provider’s stock worth $23,859,000 after acquiring an additional 2,501 shares during the last quarter. Nomura Holdings Inc. boosted its holdings in Aon plc Class A by 603.8% during the 2nd quarter. Nomura Holdings Inc. now owns 23,184 shares of the financial services provider’s stock worth $3,083,000 after acquiring an additional 19,890 shares during the last quarter. Finally, Korea Investment CORP boosted its holdings in Aon plc Class A by 12.3% during the 3rd quarter. Korea Investment CORP now owns 85,844 shares of the financial services provider’s stock worth $12,542,000 after acquiring an additional 9,400 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

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Aon plc Class A 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.

The Fly

Analyst Recommendations for Aon plc Class A (NYSE:AON)

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