Willis Towers Watson Public Limited Company (WLTW) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC grew its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 571.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 173,350 shares of the financial services provider’s stock after acquiring an additional 147,525 shares during the quarter. Teachers Advisors LLC owned 0.13% of Willis Towers Watson Public Limited worth $25,215,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its stake in Willis Towers Watson Public Limited by 6.2% during the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock worth $761,000 after acquiring an additional 340 shares in the last quarter. LS Investment Advisors LLC raised its stake in Willis Towers Watson Public Limited by 1.2% during the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock worth $936,000 after acquiring an additional 79 shares in the last quarter. Tradition Capital Management LLC raised its stake in Willis Towers Watson Public Limited by 5.4% during the second quarter. Tradition Capital Management LLC now owns 33,782 shares of the financial services provider’s stock worth $4,914,000 after acquiring an additional 1,726 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Willis Towers Watson Public Limited during the second quarter worth about $23,343,000. Finally, Swiss National Bank raised its stake in Willis Towers Watson Public Limited by 2.8% during the second quarter. Swiss National Bank now owns 473,091 shares of the financial services provider’s stock worth $68,816,000 after acquiring an additional 12,800 shares in the last quarter. 94.38% of the stock is owned by hedge funds and other institutional investors.

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WLTW has been the subject of several research analyst reports. Deutsche Bank AG reissued a “sell” rating and set a $121.00 target price on shares of Willis Towers Watson Public Limited in a research note on Monday, July 10th. Stifel Nicolaus reissued a “buy” rating and set a $166.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 21st. Morgan Stanley reissued an “overweight” rating and set a $160.00 target price (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a research note on Friday, July 7th. Barclays PLC boosted their target price on Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the stock an “overweight” rating in a research note on Friday, June 30th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $176.00 target price on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 5th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the company. Willis Towers Watson Public Limited currently has a consensus rating of “Buy” and an average target price of $154.50.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 151.37 on Friday. The company has a 50-day moving average price of $152.36 and a 200 day moving average price of $152.36. Willis Towers Watson Public Limited Company has a one year low of $112.76 and a one year high of $153.80. The company has a market capitalization of $20.33 billion, a PE ratio of 42.84 and a beta of 0.94.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Zacks’ consensus estimate of $1.48 by ($0.03). The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. Willis Towers Watson Public Limited’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the firm earned $1.66 earnings per share. Equities analysts anticipate that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be paid a $0.53 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.12 dividend on an annualized basis and a yield of 1.39%. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is currently 76.81%.

In other news, insider Jeffrey W. Ubben sold 41,348 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $152.38, for a total value of $6,300,608.24. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jeffrey W. Ubben sold 85,000 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $149.78, for a total value of $12,731,300.00. The disclosure for this sale can be found here. Insiders sold a total of 4,086,000 shares of company stock worth $610,587,219 over the last ninety days. Insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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Institutional Ownership by Quarter for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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