*First Pacific Advisors LLC Continues to Hold Stake in Aon Plc (AON)

June 29, 2018 - By Maria Fierro

Aon plc (NYSE:AON) Corporate Logo

The holdings In Aon Plc (AON) was reduced held by Robert Rodriguez. According to 2018Q1 Securities and Exchange form the decrease is 0.88%. The company’s stock declined 0.75% with the market as First Pacific Advisors Llc sold 37,510 shares. The specialty insurers company announced $594.47 million value for the 2018Q1. Now the hedge fund run by Robert Rodriguez is holding 4.24M shares, compared to the 4.27M from the previous quarter. Aon Plc has $33.65B market cap. Ticker’s shares touched $137.62 during the last trading session after 1.06% change.Aon plc has volume of 128,182 shares. Since June 29, 2017 AON has risen 9.13% and is uptrending. The stock underperformed the S&P 500 by 3.44%.

About $28.26 billion and $13.13B US Long portfolio First Pacific Advisors Llc operates. According to a filing the fund increased its stake in Gentex Corp (NASDAQ:GNTX) by 342,875 shares to 605,518 shares, valued at $13.94M in 2018Q1. For a total of 12.63M shares it increased its holding in American Intl Group Inc (NYSE:AIG) by 2.10 million shares in the quarter, and has risen its stake in Baidu Inc Spon Adr Rep A (NASDAQ:BIDU).

Investors wait Aon plc (NYSE:AON)’s quarterly earnings on August, 3., RTT reports. Analysts predict 12.41 % diference or $1.63 from the $1.45 EPS from 2017. If AON’s EPS is $1.63 the profit will be $398.56 million for 21.11 P/E. Wall Street now sees -45.12 % negative EPS growth despite Aon plc previous quarter’s EPS of $2.97.

More recent Aon plc (NYSE:AON) news were announced by Bizjournals.com, Twst.com and Prnewswire.com. The first one has “Professional services firm to leave Clayton for Cortex” as a title and was announced on June 08, 2018. The next is “AON plc: Andrew Marcell Appointed Leader of Aon’s Reinsurance Solutions Business” on May 31, 2018. And last was announced on June 08, 2018, called “US suffers multi-billion dollar storm losses amid subdued start to tornado season, according to Aon catastrophe report”.

Aon plc (NYSE:AON) Ratings Coverage

In total 6 analysts cover Aon Plc (NYSE:AON). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. 10 are the (NYSE:AON)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the firm earned “Hold” rating by William Blair. In Friday, February 9 report Citigroup maintained the stock with “Buy” rating. On Tuesday, February 20 the firm earned “Equal-Weight” rating by Barclays Capital. On Tuesday, May 8 the stock has “Buy” rating by Citigroup. The company rating was maintained by Citigroup on Tuesday, April 10. On Tuesday, March 27 the stock has “Buy” rating by Citigroup. On Thursday, March 15 the stock has “Buy” rating by Goldman Sachs. On Friday, February 2 the stock has “Buy” rating by Jefferies. On Wednesday, February 28 the firm has “Buy” rating by Citigroup given. On Friday, February 2 the rating was maintained by RBC Capital Markets with “Hold”.

Aon plc (NYSE:AON) Analyst Ratings Chart

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