FDO Partners LLC lowered its position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 88.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,391 shares of the financial services provider’s stock after selling 10,504 shares during the quarter. FDO Partners LLC’s holdings in Willis Towers Watson Public were worth $215,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wilbanks Smith & Thomas Asset Management LLC boosted its stake in Willis Towers Watson Public by 0.8% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock worth $997,000 after buying an additional 56 shares during the period. Great West Life Assurance Co. Can boosted its stake in Willis Towers Watson Public by 11.8% during the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock worth $100,000 after buying an additional 73 shares during the period. Commonwealth Bank of Australia boosted its stake in Willis Towers Watson Public by 12.1% during the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock worth $100,000 after buying an additional 75 shares during the period. Ameritas Investment Partners Inc. boosted its stake in Willis Towers Watson Public by 0.5% during the second quarter. Ameritas Investment Partners Inc. now owns 20,820 shares of the financial services provider’s stock worth $3,027,000 after buying an additional 94 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in Willis Towers Watson Public by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 35,274 shares of the financial services provider’s stock worth $5,132,000 after buying an additional 102 shares during the period. 94.35% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the stock. BidaskClub raised shares of Willis Towers Watson Public from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Deutsche Bank reaffirmed a “sell” rating and set a $130.00 target price (up previously from $121.00) on shares of Willis Towers Watson Public in a research note on Wednesday, August 9th. Goldman Sachs Group assumed coverage on shares of Willis Towers Watson Public in a research note on Monday. They set a “sell” rating and a $153.00 target price for the company. ValuEngine lowered shares of Willis Towers Watson Public from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public in a research note on Monday, August 21st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $157.27.

In related news, insider Jeffrey W. Ubben sold 491,652 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $148.59, for a total value of $73,054,570.68. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Michael J. Burwell bought 3,100 shares of Willis Towers Watson Public stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average cost of $160.10 per share, for a total transaction of $496,310.00. Following the acquisition, the chief financial officer now owns 3,100 shares of the company’s stock, valued at $496,310. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 2,025,295 shares of company stock worth $311,256,253. 6.70% of the stock is owned by corporate insiders.

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) opened at $157.32 on Wednesday. The stock has a market cap of $20,925.51, a PE ratio of 19.42, a PEG ratio of 1.89 and a beta of 0.90. Willis Towers Watson Public Limited Company has a 1 year low of $120.87 and a 1 year high of $165.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.97 and a current ratio of 1.97.

Willis Towers Watson Public (NASDAQ:WLTW) last issued its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). The firm had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.84 billion. Willis Towers Watson Public had a net margin of 4.43% and a return on equity of 10.93%. The firm’s revenue was up 4.0% compared to the same quarter last year. During the same period last year, the business earned $1.04 EPS. research analysts expect that Willis Towers Watson Public Limited Company will post 8.4 EPS for the current fiscal year.

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About Willis Towers Watson Public

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 (NASDAQ:WLTW)

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