1st Global Advisors Inc. lessened its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,024 shares of the financial services provider’s stock after selling 214 shares during the period. 1st Global Advisors Inc.’s holdings in Willis Towers Watson Public Limited were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Great West Life Assurance Co. Can grew its holdings in shares of Willis Towers Watson Public Limited by 11.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 73 shares during the last quarter. Commonwealth Bank of Australia grew its holdings in shares of Willis Towers Watson Public Limited by 12.1% during the 2nd quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 75 shares during the last quarter. Advisor Group Inc. grew its holdings in shares of Willis Towers Watson Public Limited by 30.2% during the 2nd quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 162 shares during the last quarter. Dupont Capital Management Corp bought a new position in shares of Willis Towers Watson Public Limited during the 2nd quarter valued at $106,000. Finally, Advisors Asset Management Inc. grew its holdings in shares of Willis Towers Watson Public Limited by 77.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 396 shares during the last quarter. 94.26% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently commented on WLTW shares. Robert W. Baird reaffirmed a “buy” rating and set a $167.00 target price on shares of Willis Towers Watson Public Limited in a report on Tuesday, September 12th. Deutsche Bank AG reaffirmed a “sell” rating and set a $121.00 target price on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $166.00 target price on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. 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 report on Friday, July 7th. Finally, ValuEngine raised shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Willis Towers Watson Public Limited currently has an average rating of “Buy” and an average target price of $158.07.

In other news, insider Jeffrey W. Ubben sold 820,000 shares of Willis Towers Watson Public Limited stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $149.59, for a total transaction of $122,663,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Jeffrey W. Ubben sold 287,532 shares of Willis Towers Watson Public Limited stock in a transaction on Friday, October 13th. The stock was sold at an average price of $156.74, for a total value of $45,067,765.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,845,295 shares of company stock worth $728,949,063. Insiders own 6.70% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) traded up 0.62% during midday trading on Wednesday, reaching $159.92. 92,039 shares of the company traded hands. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $160.00. The firm has a market capitalization of $21.48 billion, a PE ratio of 45.26 and a beta of 0.95. The stock has a 50 day moving average price of $152.59 and a 200 day moving average price of $145.21.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the 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 company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The firm’s revenue was up .2% on a year-over-year basis. Analysts expect that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 1.33%. Willis Towers Watson Public Limited’s dividend payout ratio is presently 76.81%.

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About Willis Towers Watson Public Limited

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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