Aviva PLC cut its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 83,503 shares of the financial services provider’s stock after selling 1,700 shares during the period. Aviva PLC owned 0.06% of Willis Towers Watson Public Limited worth $12,147,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Willis Towers Watson Public Limited by 363.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,550 shares of the financial services provider’s stock valued at $1,774,000 after buying an additional 10,627 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of Willis Towers Watson Public Limited by 6.2% in the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock valued at $761,000 after buying an additional 340 shares during the period. LS Investment Advisors LLC boosted its stake in shares of Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after buying an additional 79 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Willis Towers Watson Public Limited during the second quarter valued at $23,343,000. Finally, Korea Investment CORP boosted its stake in shares of Willis Towers Watson Public Limited by 29,063.2% in the first quarter. Korea Investment CORP now owns 45,203 shares of the financial services provider’s stock valued at $5,917,000 after buying an additional 45,048 shares during the period. 92.48% of the stock is owned by institutional investors and hedge funds.

Shares of Willis Towers Watson Public Limited Company (WLTW) opened at 148.88 on Friday. Willis Towers Watson Public Limited Company has a 12-month low of $112.76 and a 12-month high of $152.00. The firm has a market cap of $19.99 billion, a PE ratio of 42.14 and a beta of 0.93. The firm’s 50-day moving average is $148.29 and its 200-day moving average is $138.89.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.03. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the business posted $1.66 EPS. Willis Towers Watson Public Limited’s revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts expect that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current fiscal year.

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WLTW has been the topic of several analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $166.00 target price on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $158.00 target price on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Citigroup Inc. raised their target price on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the company a “buy” rating in a report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $165.00 target price on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. Finally, UBS AG reaffirmed a “buy” rating and issued a $163.00 target price (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $152.69.

In other news, CFO Roger F. Millay sold 20,000 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $149.58, for a total transaction of $2,991,600.00. Following the sale, the chief financial officer now owns 14,059 shares of the company’s stock, valued at approximately $2,102,945.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brendan R. Oneill sold 5,000 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total value of $754,600.00. Following the sale, the director now directly owns 17,302 shares in the company, valued at approximately $2,611,217.84. The disclosure for this sale can be found here. Insiders have sold a total of 2,852,000 shares of company stock worth $424,855,580 in the last three months. 6.70% of the stock is owned by insiders.

Willis Towers Watson Public Limited 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.

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

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