Scharf Investments LLC Decreased Aon Plc (AON) Stake by $12.23 Million

May 3, 2018 - By Anthony Rauscher

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In Aon Plc (AON) was decreased the stake held by Scharf Investments Llc. The reduction is 5.5% according to 2017Q4 Securities and Exchange filling. The company’s stock rose 4.10% while stock markets declined as Scharf Investments Llc sold 91,244 shares. The institutional investor is holding 1.57 million shares, compared to the 1.66M from the previous quarter. And the reported value of the specialty insurers company is $210.02 million for the 2017Q4. For a total of 1.29 million shares it increased its holding in Hershey Co (NYSE:HSY) by 786,303 shares in the quarter, and has risen its stake in Walgreens Boots Alliance Inc.

On May, 4 before the open. Investors wait Aon plc (NYSE:AON) to report its quarterly earnings, according to Faxor. The earnings per share diference is $1.34 or 92.41 % up from last years number. Previous year: $1.45; Analysts forcast: $2.79. If AON’s EPS is $2.79 the profit will be $683.18 million for 12.41 P/E. Last quarter $2.35 earnings per share was reported. Analysts sees 18.72 % EPS growth this quarter.

Aon plc (NYSE:AON) Ratings Coverage

In total 7 analysts cover Aon (NYSE:AON). “Buy” rating has 4, “Sell” are 0, while 3 are “Hold”. (NYSE:AON) has 57% bullish analysts. With $173.0 highest and $138 lowest target, Aon has $154.17 average target or 11.34% above the current ($138.47) price. 11 are the (NYSE:AON)’s ratings reports on May 3, 2018 according to StockzIntelligence Inc. On Monday, December 4 the company was maintained by Keefe Bruyette & Woods. On Tuesday, February 20 the stock of Aon plc (NYSE:AON) has “Equal-Weight” rating given by Barclays Capital. On Friday, February 9 Citigroup maintained Aon plc (NYSE:AON) rating. Citigroup has “Buy” rating and $162 target. On Friday, February 2 the firm has “Buy” rating given by Jefferies. On Friday, February 2 the company was maintained by RBC Capital Markets. On Tuesday, January 16 the company was downgraded by William Blair. The stock rating was upgraded by Goldman Sachs to “Buy” on Thursday, March 15. On Tuesday, April 10 the stock has “Buy” rating by Citigroup. On Tuesday, March 27 the firm has “Buy” rating by Citigroup given. On Wednesday, February 28 the company was maintained by Citigroup.

Aon plc (NYSE:AON) Analyst Ratings Chart

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