YHB Investment Advisors Inc. Has $9.90 Million Position in Aon plc (NYSE:AON)

YHB Investment Advisors Inc. trimmed its stake in shares of Aon plc (NYSE:AON - Free Report) by 4.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,805 shares of the financial services provider's stock after selling 1,161 shares during the quarter. AON makes up about 0.8% of YHB Investment Advisors Inc.'s portfolio, making the stock its 29th largest holding. YHB Investment Advisors Inc.'s holdings in AON were worth $9,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Keudell Morrison Wealth Management acquired a new position in AON during the 1st quarter worth approximately $263,000. Legacy Advisors LLC increased its position in AON by 8.0% during the 1st quarter. Legacy Advisors LLC now owns 634 shares of the financial services provider's stock worth $253,000 after purchasing an additional 47 shares in the last quarter. Asset Management One Co. Ltd. increased its position in AON by 4.6% during the 1st quarter. Asset Management One Co. Ltd. now owns 86,958 shares of the financial services provider's stock worth $34,704,000 after purchasing an additional 3,857 shares in the last quarter. GHP Investment Advisors Inc. increased its position in AON by 1.2% during the 1st quarter. GHP Investment Advisors Inc. now owns 26,315 shares of the financial services provider's stock worth $10,502,000 after purchasing an additional 321 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in AON by 15.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 2,786 shares of the financial services provider's stock worth $1,112,000 after purchasing an additional 370 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on AON. Keefe, Bruyette & Woods lowered their price objective on shares of AON from $414.00 to $409.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Redburn Atlantic upgraded shares of AON to a "hold" rating in a research report on Tuesday, March 25th. Barclays reduced their target price on shares of AON from $430.00 to $415.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. JPMorgan Chase & Co. boosted their target price on shares of AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. Finally, Evercore ISI reduced their target price on shares of AON from $420.00 to $398.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $397.27.

AON Trading Up 1.5%

NYSE:AON opened at $360.17 on Tuesday. The firm's fifty day moving average is $359.37 and its 200-day moving average is $371.20. The company has a debt-to-equity ratio of 2.26, a quick ratio of 1.73 and a current ratio of 1.73. Aon plc has a 52 week low of $285.35 and a 52 week high of $412.97. The firm has a market cap of $77.77 billion, a P/E ratio of 30.68, a P/E/G ratio of 2.12 and a beta of 0.86.

AON (NYSE:AON - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The financial services provider reported $5.67 EPS for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). The firm had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.83 billion. AON had a net margin of 15.58% and a return on equity of 52.71%. The company's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company posted $5.66 earnings per share. Equities analysts expect that Aon plc will post 17.21 earnings per share for the current year.

AON Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 1st were paid a dividend of $0.745 per share. The ex-dividend date was Thursday, May 1st. This is a positive change from AON's previous quarterly dividend of $0.68. This represents a $2.98 annualized dividend and a yield of 0.83%. AON's dividend payout ratio is currently 25.38%.

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.

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