Parametric Portfolio Associates LLC increased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 38.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,699 shares of the financial services provider’s stock after acquiring an additional 35,986 shares during the quarter. Parametric Portfolio Associates LLC owned 0.10% of Willis Towers Watson Public Limited worth $18,721,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in Willis Towers Watson Public Limited by 2,106.3% during the 1st quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock valued at $704,098,000 after purchasing an additional 5,135,491 shares in the last quarter. FIL Ltd increased its stake in Willis Towers Watson Public Limited by 490.5% during the 2nd quarter. FIL Ltd now owns 3,884,662 shares of the financial services provider’s stock valued at $565,063,000 after purchasing an additional 3,226,785 shares in the last quarter. FMR LLC increased its stake in Willis Towers Watson Public Limited by 38.9% during the 1st quarter. FMR LLC now owns 2,261,668 shares of the financial services provider’s stock valued at $296,030,000 after purchasing an additional 633,495 shares in the last quarter. Vanguard Group Inc. increased its stake in Willis Towers Watson Public Limited by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 12,360,654 shares of the financial services provider’s stock valued at $1,617,886,000 after purchasing an additional 416,476 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in Willis Towers Watson Public Limited by 1,609.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 383,806 shares of the financial services provider’s stock valued at $55,828,000 after purchasing an additional 361,358 shares in the last quarter. Institutional investors own 94.38% of the company’s stock.

A number of analysts have commented on WLTW shares. Zacks Investment Research lowered shares of Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Morgan Stanley restated an “overweight” rating and set a $160.00 price target (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a research note on Friday, July 7th. Robert W. Baird restated a “buy” rating and set a $167.00 price target on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 12th. ValuEngine upgraded shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Finally, Citigroup Inc. boosted their price target on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $155.54.

In other news, Director Brendan R. Oneill sold 5,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total transaction of $754,600.00. Following the completion of the transaction, the director now directly owns 17,302 shares in the company, valued at $2,611,217.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey W. Ubben sold 85,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.78, for a total value of $12,731,300.00. The disclosure for this sale can be found here. Insiders have sold 4,390,350 shares of company stock valued at $657,724,947 over the last 90 days. Corporate insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 154.70 on Thursday. The firm’s 50-day moving average is $153.45 and its 200-day moving average is $153.45. The stock has a market capitalization of $20.77 billion, a P/E ratio of 43.79 and a beta of 0.95. Willis Towers Watson Public Limited Company has a 12-month low of $112.76 and a 12-month high of $156.14.

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

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 1.37%. Willis Towers Watson Public Limited’s payout ratio 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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