Nli International INC Has Lowered Its Aon Plc (AON) Stake by $3.10 Million as Market Value Rose

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Nli International Inc decreased its stake in Aon Plc (AON) by 15.57% based on its latest 2018Q4 regulatory filing with the SEC. Nli International Inc sold 21,400 shares as the company’s stock rose 4.05% with the market. The institutional investor held 116,040 shares of the specialty insurers company at the end of 2018Q4, valued at $16.87 million, down from 137,440 at the end of the previous reported quarter. Nli International Inc who had been investing in Aon Plc for a number of months, seems to be less bullish one the $42.90 billion market cap company. The stock increased 0.89% or $1.57 during the last trading session, reaching $178.36. About 316,261 shares traded. Aon plc (NYSE:AON) has risen 24.14% since May 8, 2018 and is uptrending. It has outperformed by 19.77% the S&P500.

Nli International Inc, which manages about $9.21B and $1.16 billion US Long portfolio, upped its stake in Coca Cola Co (NYSE:KO) by 96,800 shares to 285,430 shares, valued at $13.52M in 2018Q4, according to the filing. It also increased its holding in Cvs Health Corp (NYSE:CVS) by 46,360 shares in the quarter, for a total of 116,200 shares, and has risen its stake in Roper Technologies Inc (NYSE:ROP).

Analysts await Aon plc (NYSE:AON) to report earnings on July, 26. They expect $1.88 earnings per share, up 9.94 % or $0.17 from last year’s $1.71 per share. AON’s profit will be $452.19M for 23.72 P/E if the $1.88 EPS becomes a reality. After $3.31 actual earnings per share reported by Aon plc for the previous quarter, Wall Street now forecasts -43.20 % negative EPS growth.

More notable recent Aon plc (NYSE:AON) news were published by: Prnewswire.com which released: “Aon Announces First Quarter 2019 Earnings Release and Conference Call – PRNewswire” on April 10, 2019, also Seekingalpha.com with their article: “Aon Q1 2019 Earnings Preview – Seeking Alpha” published on April 25, 2019, Globenewswire.com published: “Recent Analysis Shows Cerner, Sysco, Aon plc, Cedar Fair, Conn’s, and Farmland Partners Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on April 15, 2019. More interesting news about Aon plc (NYSE:AON) were released by: Prnewswire.com and their article: “81 percent of organizations identify IP as a top 10 risk, while insurance covers only 16 percent of $1B in potential losses – PRNewswire” published on April 30, 2019 as well as Seekingalpha.com‘s news article titled: “Aon posts organic revenue growth of 6%, improved operating margin – Seeking Alpha” with publication date: April 26, 2019.

Aon plc (NYSE:AON) Ratings Coverage

Among 5 analysts covering Aon (NYSE:AON), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Aon had 7 analyst reports since November 12, 2018 according to SRatingsIntel. The rating was maintained by Barclays Capital on Monday, November 12 with “Equal-Weight”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, November 14 report. The rating was upgraded by M Partners on Monday, February 4 to “Buy”. Goldman Sachs downgraded the shares of AON in report on Tuesday, January 8 to “Neutral” rating. Barclays Capital maintained Aon plc (NYSE:AON) rating on Monday, April 1. Barclays Capital has “Equal-Weight” rating and $155 target.

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