TD Asset Management Inc. lowered its position in Willis Towers Watson PLC (NASDAQ:WLTW) by 3.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 220,037 shares of the company’s stock after selling 8,454 shares during the period. TD Asset Management Inc. owned approximately 0.16% of Willis Towers Watson PLC worth $29,214,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Willis Towers Watson PLC by 2.9% in the second quarter. Vanguard Group Inc. now owns 11,609,419 shares of the company’s stock worth $1,443,168,000 after buying an additional 327,656 shares during the period. ValueAct Holdings L.P. boosted its stake in shares of Willis Towers Watson PLC by 5.6% in the second quarter. ValueAct Holdings L.P. now owns 8,108,015 shares of the company’s stock worth $1,007,907,000 after buying an additional 428,000 shares in the last quarter. Longview Partners Guernsey LTD bought a new stake in shares of Willis Towers Watson PLC during the second quarter worth approximately $631,334,000. Artisan Partners Limited Partnership bought a new stake in shares of Willis Towers Watson PLC during the second quarter worth approximately $327,982,000. Finally, Wells Fargo & Company MN boosted its stake in shares of Willis Towers Watson PLC by 5.2% in the third quarter. Wells Fargo & Company MN now owns 1,380,448 shares of the company’s stock worth $183,283,000 after buying an additional 68,840 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

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

Willis Towers Watson PLC (NASDAQ:WLTW) traded up 0.10% during midday trading on Tuesday, hitting $124.49. The stock had a trading volume of 49,413 shares. The firm has a 50-day moving average of $124.80 and a 200 day moving average of $125.03. Willis Towers Watson PLC has a 52-week low of $104.11 and a 52-week high of $133.40. The firm has a market capitalization of $17.02 billion, a P/E ratio of 59.42 and a beta of 0.80.

Willis Towers Watson PLC (NASDAQ:WLTW) last released its quarterly earnings results on Friday, November 4th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by $0.02. Willis Towers Watson PLC had a return on equity of 10.23% and a net margin of 3.66%. The firm earned $1.78 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the prior year, the firm posted $0.56 earnings per share. Willis Towers Watson PLC’s revenue for the quarter was up 1.6% compared to the same quarter last year. On average, equities analysts forecast that Willis Towers Watson PLC will post $7.69 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Saturday, December 31st will be paid a dividend of $0.48 per share. The ex-dividend date is Wednesday, December 28th. This represents a $1.92 annualized dividend and a dividend yield of 1.54%. Willis Towers Watson PLC’s payout ratio is currently 114.29%.

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A number of analysts have recently commented on the company. Keefe, Bruyette & Woods set a $142.00 price target on Willis Towers Watson PLC and gave the stock a “buy” rating in a research report on Saturday, October 1st. Jefferies Group set a $150.00 price target on Willis Towers Watson PLC and gave the stock a “buy” rating in a research report on Saturday, October 1st. Citigroup Inc. set a $151.00 price target on Willis Towers Watson PLC and gave the stock a “buy” rating in a research report on Saturday, October 1st. Credit Suisse Group AG reissued a “hold” rating and issued a $124.00 price target on shares of Willis Towers Watson PLC in a research report on Friday, September 30th. Finally, Wells Fargo & Co. reissued a “sell” rating on shares of Willis Towers Watson PLC in a research report on Friday, September 30th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Willis Towers Watson PLC presently has a consensus rating of “Hold” and an average price target of $127.64.

In other news, insider Nicolas Aubert sold 3,149 shares of Willis Towers Watson PLC stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $126.65, for a total transaction of $398,820.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph Gunn sold 446 shares of Willis Towers Watson PLC stock in a transaction on Wednesday, November 9th. The stock was sold at an average price of $117.18, for a total transaction of $52,262.28. The disclosure for this sale can be found here. Insiders own 6.40% of the company’s stock.

About Willis Towers Watson PLC

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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