Virginia Retirement Systems ET AL held its position in shares of Willis Towers Watson PLC (NASDAQ:WLTW) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 15,900 shares of the financial services provider’s stock at the end of the first quarter. Virginia Retirement Systems ET AL’s holdings in Willis Towers Watson PLC were worth $2,081,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of WLTW. Farr Miller & Washington LLC DC boosted its position in shares of Willis Towers Watson PLC by 1.0% in the fourth quarter. Farr Miller & Washington LLC DC now owns 1,789 shares of the financial services provider’s stock valued at $219,000 after buying an additional 18 shares in the last quarter. Formidable Asset Management LLC boosted its position in shares of Willis Towers Watson PLC by 0.3% in the fourth quarter. Formidable Asset Management LLC now owns 5,827 shares of the financial services provider’s stock valued at $713,000 after buying an additional 20 shares in the last quarter. United Capital Financial Advisers LLC boosted its position in shares of Willis Towers Watson PLC by 1.1% in the fourth quarter. United Capital Financial Advisers LLC now owns 2,288 shares of the financial services provider’s stock valued at $280,000 after buying an additional 26 shares in the last quarter. Conning Inc. boosted its position in shares of Willis Towers Watson PLC by 1.4% in the first quarter. Conning Inc. now owns 2,250 shares of the financial services provider’s stock valued at $295,000 after buying an additional 30 shares in the last quarter. Finally, Atria Investments LLC boosted its position in shares of Willis Towers Watson PLC by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock valued at $629,000 after buying an additional 46 shares in the last quarter. Institutional investors and hedge funds own 88.23% of the company’s stock.

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

Willis Towers Watson PLC (NASDAQ:WLTW) traded up 0.15% on Friday, reaching $140.06. The company had a trading volume of 1,366,001 shares. Willis Towers Watson PLC has a 52-week low of $112.76 and a 52-week high of $146.30. The stock has a 50 day moving average price of $133.92 and a 200 day moving average price of $127.46. The stock has a market capitalization of $18.93 billion, a PE ratio of 36.84 and a beta of 0.80.

Willis Towers Watson PLC (NASDAQ:WLTW) last announced its earnings results on Thursday, May 4th. The financial services provider reported $3.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.33 by $0.38. Willis Towers Watson PLC had a net margin of 3.96% and a return on equity of 10.12%. The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter last year, the business earned $3.41 earnings per share. Willis Towers Watson PLC’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that Willis Towers Watson PLC will post $8.59 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Friday, June 30th will be given a dividend of $0.53 per share. The ex-dividend date is Wednesday, June 28th. This represents a $2.12 dividend on an annualized basis and a yield of 1.51%. Willis Towers Watson PLC’s dividend payout ratio (DPR) is currently 84.21%.

COPYRIGHT VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/05/19/virginia-retirement-systems-et-al-holds-stake-in-willis-towers-watson-plc-wltw.html.

Several brokerages have recently weighed in on WLTW. Zacks Investment Research upgraded Willis Towers Watson PLC from a “sell” rating to a “hold” rating in a report on Monday, May 8th. William Blair restated an “outperform” rating on shares of Willis Towers Watson PLC in a report on Thursday, May 4th. Jefferies Group LLC boosted their target price on Willis Towers Watson PLC from $141.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, May 10th. Wells Fargo & Co restated a “sell” rating on shares of Willis Towers Watson PLC in a report on Sunday, April 9th. Finally, Citigroup Inc set a $156.00 target price on Willis Towers Watson PLC and gave the stock a “buy” rating in a report on Tuesday, February 14th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $142.30.

In other Willis Towers Watson PLC news, Director Paul D. Thomas sold 2,200 shares of Willis Towers Watson PLC stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $141.62, for a total value of $311,564.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Julie Jarecke Gebauer sold 10,000 shares of Willis Towers Watson PLC stock in a transaction on Monday, March 6th. The shares were sold at an average price of $129.09, for a total transaction of $1,290,900.00. Following the completion of the transaction, the insider now owns 110,578 shares in the company, valued at approximately $14,274,514.02. The disclosure for this sale can be found here. 6.40% of the stock is currently owned by company insiders.

Willis Towers Watson PLC Company 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.

5 Day Chart for NASDAQ:WLTW

Receive News & Stock Ratings for Willis Towers Watson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson PLC and related stocks with our FREE daily email newsletter.