HighTower Advisors LLC decreased its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,648 shares of the financial services provider’s stock after selling 539 shares during the quarter. HighTower Advisors LLC’s holdings in Willis Towers Watson Public Limited were worth $5,026,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Willis Towers Watson Public Limited by 2.2% in the second quarter. Vanguard Group Inc. now owns 12,636,927 shares of the financial services provider’s stock valued at $1,838,168,000 after buying an additional 276,273 shares during the period. BlackRock Inc. grew its position in Willis Towers Watson Public Limited by 42.9% during the second quarter. BlackRock Inc. now owns 7,689,587 shares of the financial services provider’s stock worth $1,118,528,000 after buying an additional 2,310,281 shares in the last quarter. State Street Corp grew its position in Willis Towers Watson Public Limited by 6.4% during the first quarter. State Street Corp now owns 5,909,317 shares of the financial services provider’s stock worth $773,538,000 after buying an additional 355,310 shares in the last quarter. Longview Partners Guernsey LTD increased its stake in Willis Towers Watson Public Limited by 5.1% during the second quarter. Longview Partners Guernsey LTD now owns 5,322,466 shares of the financial services provider’s stock valued at $774,206,000 after acquiring an additional 256,179 shares during the period. Finally, First Eagle Investment Management LLC increased its stake in Willis Towers Watson Public Limited by 4.1% during the second quarter. First Eagle Investment Management LLC now owns 3,963,208 shares of the financial services provider’s stock valued at $576,488,000 after acquiring an additional 157,799 shares during the period. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Several research firms have commented on WLTW. UBS AG reaffirmed a “buy” rating and issued a $163.00 price target (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Jefferies Group LLC restated a “buy” rating and issued a $165.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, June 16th. Barclays PLC increased their price objective on shares of Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the company an “overweight” rating in a research note on Friday, June 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $160.00 price objective (up from $150.00) on shares of Willis Towers Watson Public Limited in a report on Friday, July 7th. Finally, Deutsche Bank AG reiterated a “sell” rating and set a $121.00 target price on shares of Willis Towers Watson Public Limited in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Willis Towers Watson Public Limited presently has a consensus rating of “Buy” and an average price target of $154.50.

In other news, insider Jeffrey W. Ubben sold 820,000 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $149.59, for a total transaction of $122,663,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Roger F. Millay sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 14,059 shares in the company, valued at approximately $2,102,945.22. The disclosure for this sale can be found here. Insiders have sold a total of 4,390,350 shares of company stock worth $657,724,947 in the last three months. Insiders own 6.70% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (WLTW) traded down 0.33% during trading on Tuesday, hitting $154.98. 15,688 shares of the stock traded hands. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $156.14. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 43.87 and a beta of 0.95. The firm has a 50-day moving average of $153.28 and a 200-day moving average of $153.28.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.03). The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.66 earnings per share. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.36%. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is presently 76.81%.

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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.

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

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