AON (NYSE:AON – Get Free Report) posted its quarterly earnings results on Friday. The financial services provider reported $5.66 EPS for the quarter, missing the consensus estimate of $5.86 by ($0.20), Briefing.com reports. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.14 billion. AON had a net margin of 19.17% and a negative return on equity of 1,150.40%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $5.17 EPS.
AON Stock Performance
AON stock traded down $20.97 during midday trading on Friday, reaching $285.03. 4,566,608 shares of the company’s stock were exchanged, compared to its average volume of 882,672. AON has a 52 week low of $268.06 and a 52 week high of $347.37. The firm has a market cap of $56.58 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 1.85 and a beta of 0.86. The stock’s 50-day simple moving average is $317.11 and its 200 day simple moving average is $314.14.
AON Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be issued a dividend of $0.675 per share. The ex-dividend date is Tuesday, April 30th. This represents a $2.70 dividend on an annualized basis and a yield of 0.95%. This is a boost from AON’s previous quarterly dividend of $0.62. AON’s dividend payout ratio (DPR) is presently 19.71%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on AON
Insider Buying and Selling
In other AON news, insider Lisa Stevens sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $315.26, for a total transaction of $4,098,380.00. Following the completion of the sale, the insider now directly owns 10,073 shares in the company, valued at $3,175,613.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other AON news, insider Lisa Stevens sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $315.26, for a total transaction of $4,098,380.00. Following the completion of the sale, the insider now directly owns 10,073 shares in the company, valued at $3,175,613.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Christa Davies sold 40,164 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $313.29, for a total transaction of $12,582,979.56. Following the sale, the chief financial officer now owns 159,570 shares of the company’s stock, valued at $49,991,685.30. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 74,532 shares of company stock worth $23,335,805. Company insiders own 1.15% of the company’s stock.
About AON
Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.
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