Foyston Gordon & Payne Inc Has $27.85 Million Holdings in Aon plc Class A (AON)

Foyston Gordon & Payne Inc increased its stake in Aon plc Class A (NYSE:AON) by 26.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,602 shares of the financial services provider’s stock after acquiring an additional 40,364 shares during the period. Aon plc Class A makes up approximately 4.8% of Foyston Gordon & Payne Inc’s investment portfolio, making the stock its 5th biggest position. Foyston Gordon & Payne Inc owned 0.08% of Aon plc Class A worth $27,847,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its stake in Aon plc Class A by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,125 shares of the financial services provider’s stock worth $548,000 after buying an additional 15 shares in the last quarter. Checchi Capital Advisers LLC increased its position in shares of Aon plc Class A by 1.1% during the second quarter. Checchi Capital Advisers LLC now owns 2,251 shares of the financial services provider’s stock worth $299,000 after purchasing an additional 25 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of Aon plc Class A by 2.3% during the second quarter. Quadrant Capital Group LLC now owns 1,661 shares of the financial services provider’s stock worth $216,000 after purchasing an additional 38 shares in the last quarter. Commerce Bank increased its position in shares of Aon plc Class A by 0.3% during the second quarter. Commerce Bank now owns 21,586 shares of the financial services provider’s stock worth $2,869,000 after purchasing an additional 56 shares in the last quarter. Finally, IFP Advisors Inc increased its position in shares of Aon plc Class A by 2.9% during the second quarter. IFP Advisors Inc now owns 3,389 shares of the financial services provider’s stock worth $451,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 87.23% of the company’s stock.

Aon plc Class A (NYSE:AON) traded down $2.51 during mid-day trading on Tuesday, reaching $131.49. 844,980 shares of the company’s stock were exchanged, compared to its average volume of 800,850. Aon plc Class A has a 12 month low of $109.82 and a 12 month high of $152.78. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market cap of $33,486.29, a P/E ratio of 19.89, a price-to-earnings-growth ratio of 1.74 and a beta of 1.04.

Aon plc Class A (NYSE:AON) last posted its quarterly earnings results 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. Aon plc Class A had a net margin of 16.78% and a return on equity of 32.71%. The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the company posted $1.29 EPS. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. analysts anticipate that Aon plc Class A will post 6.53 earnings per share for the current year.

In related news, SVP Laurel G. Meissner sold 4,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $141.20, for a total transaction of $564,800.00. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Eric Andersen sold 10,000 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $143.52, for a total transaction of $1,435,200.00. 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. Corporate insiders own 0.90% of the company’s stock.

AON has been the topic of a number of recent analyst reports. Zacks Investment Research raised Aon plc Class A from a “hold” rating to a “buy” rating and set a $171.00 price target on the stock in a research report on Wednesday, October 25th. Barclays boosted their price objective on shares of Aon plc Class A from $135.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, October 16th. Jefferies Group reissued a “buy” rating on shares of Aon plc Class A in a report on Tuesday, September 5th. Wells Fargo & Co upped their price target on shares of Aon plc Class A from $138.00 to $143.00 and gave the company a “market perform” rating in a report on Monday, October 30th. Finally, Sandler O’Neill reaffirmed a “hold” rating on shares of Aon plc Class A in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Aon plc Class A currently has an average rating of “Hold” and a consensus target price of $145.08.

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About Aon plc Class A

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.

Institutional Ownership by Quarter for Aon plc Class A (NYSE:AON)

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