Allen Investment Management LLC raised its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 6.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,842 shares of the financial services provider’s stock after buying an additional 241 shares during the period. Allen Investment Management LLC’s holdings in Willis Towers Watson Public Limited were worth $559,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV boosted its stake in Willis Towers Watson Public Limited by 4.5% in the first quarter. Massmutual Trust Co. FSB ADV now owns 2,670 shares of the financial services provider’s stock valued at $349,000 after buying an additional 115 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Willis Towers Watson Public Limited by 4.3% in the first quarter. Daiwa Securities Group Inc. now owns 3,646 shares of the financial services provider’s stock valued at $477,000 after buying an additional 150 shares in the last quarter. Flinton Capital Management LLC boosted its position in shares of Willis Towers Watson Public Limited by 15.8% in the first quarter. Flinton Capital Management LLC now owns 2,576 shares of the financial services provider’s stock valued at $337,000 after buying an additional 352 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in shares of Willis Towers Watson Public Limited by 33.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 2,639 shares of the financial services provider’s stock valued at $345,000 after buying an additional 659 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its position in shares of Willis Towers Watson Public Limited by 5.4% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 10,545 shares of the financial services provider’s stock valued at $1,380,000 after buying an additional 537 shares during the last quarter. 94.38% of the stock is owned by institutional investors and hedge funds.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 147.77 on Thursday. The company has a market capitalization of $19.84 billion, a price-to-earnings ratio of 41.83 and a beta of 0.93. The company’s 50-day moving average price is $148.29 and its 200-day moving average price is $138.89. Willis Towers Watson Public Limited Company has a one year low of $112.76 and a one year high of $152.00.

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 analysts’ consensus estimates of $1.48 by $0.03. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. Willis Towers Watson Public Limited’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm earned $1.66 earnings per share. On average, equities research analysts predict that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

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WLTW has been the topic of several analyst reports. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Deutsche Bank AG reaffirmed a “sell” rating and set a $130.00 target price (up previously from $121.00) on shares of Willis Towers Watson Public Limited in a research report on Wednesday, August 9th. Morgan Stanley reaffirmed 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 report on Friday, July 7th. William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public Limited in a research report on Monday, August 21st. Finally, Barclays PLC lifted their target price on Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the company an “overweight” rating in a research report on Friday, June 30th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $152.69.

In other news, insider Jeffrey W. Ubben sold 820,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $149.59, for a total transaction of $122,663,800.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Brendan R. Oneill sold 5,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $150.92, for a total transaction of $754,600.00. Following the sale, the director now directly owns 17,302 shares in the company, valued at $2,611,217.84. The disclosure for this sale can be found here. Insiders have sold 2,718,000 shares of company stock worth $406,662,450 over the last three months. Corporate insiders own 6.70% of the company’s stock.

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.

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

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