Deutsche Bank AG Has $159.92 Million Position in Aon plc (NYSE:AON)

Deutsche Bank AG grew its position in Aon plc (NYSE:AON - Free Report) by 32.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 445,257 shares of the financial services provider's stock after buying an additional 108,585 shares during the period. Deutsche Bank AG owned 0.21% of AON worth $159,919,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AON. Endeavor Private Wealth Inc. bought a new stake in AON in the fourth quarter valued at approximately $29,000. Richardson Financial Services Inc. boosted its holdings in shares of AON by 2,025.0% during the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 81 shares in the last quarter. Millstone Evans Group LLC bought a new position in AON during the 4th quarter worth $32,000. Centricity Wealth Management LLC bought a new position in shares of AON in the 4th quarter worth about $39,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of AON in the 4th quarter valued at about $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Price Performance

Shares of AON stock traded up $4.64 on Thursday, hitting $356.86. The company had a trading volume of 430,172 shares, compared to its average volume of 1,211,460. The company has a market cap of $77.06 billion, a PE ratio of 28.18, a PEG ratio of 2.12 and a beta of 0.89. Aon plc has a 52 week low of $275.07 and a 52 week high of $412.97. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The business has a 50-day simple moving average of $374.55 and a 200-day simple moving average of $375.22.

AON (NYSE:AON - Get Free Report) last issued its earnings results on Friday, April 25th. The financial services provider reported $5.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). The company had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.83 billion. AON had a net margin of 16.91% and a return on equity of 70.84%. The company's quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the business earned $5.66 EPS. Research analysts expect that Aon plc will post 17.21 EPS for the current fiscal year.

AON Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a yield of 0.84%. This is a boost from AON's previous quarterly dividend of $0.68. The ex-dividend date is Thursday, May 1st. AON's dividend payout ratio is currently 25.38%.

Wall Street Analyst Weigh In

AON has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lowered their target price on shares of AON from $414.00 to $409.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Evercore ISI cut their price target on AON from $420.00 to $398.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Jefferies Financial Group raised their price target on AON from $396.00 to $416.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Barclays decreased their target price on AON from $430.00 to $415.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. raised their price target on AON from $394.00 to $409.00 and gave the company an "overweight" rating in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $391.75.

AON Company Profile

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.