Willis Towers Watson Public Limited Company (WLTW) Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. raised its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 507.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,033 shares of the financial services provider’s stock after buying an additional 17,568 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Willis Towers Watson Public Limited were worth $3,059,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of Willis Towers Watson Public Limited by 24.5% in the first quarter. Bank of Montreal Can now owns 295,402 shares of the financial services provider’s stock worth $38,664,000 after buying an additional 58,164 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Willis Towers Watson Public Limited by 363.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,550 shares of the financial services provider’s stock worth $1,774,000 after buying an additional 10,627 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Willis Towers Watson Public Limited by 6.2% in the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock worth $761,000 after buying an additional 340 shares in the last quarter. Kentucky Retirement Systems purchased a new position in shares of Willis Towers Watson Public Limited during the fourth quarter worth $1,141,000. Finally, Atria Investments LLC increased its position in shares of Willis Towers Watson Public Limited by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock worth $629,000 after buying an additional 46 shares in the last quarter. 92.06% of the stock is owned by hedge funds and other institutional investors.

Shares of Willis Towers Watson Public Limited Company (WLTW) traded up 0.79% on Friday, reaching $149.14. 584,935 shares of the company’s stock traded hands. The firm has a market cap of $20.03 billion, a P/E ratio of 42.21 and a beta of 0.93. Willis Towers Watson Public Limited Company has a 12-month low of $112.76 and a 12-month high of $151.02. The stock has a 50-day moving average of $147.23 and a 200 day moving average of $137.04.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Zacks’ 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 firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. On average, equities research analysts expect that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.42%. Willis Towers Watson Public Limited’s payout ratio is 76.81%.

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A number of equities research analysts have commented on WLTW shares. Stifel Nicolaus restated a “buy” rating and issued a $166.00 price target on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $158.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Citigroup Inc. raised 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 report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, June 16th. Finally, UBS AG reaffirmed a “buy” rating and issued a $163.00 price objective (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a research report on Monday, June 5th. Two 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. Willis Towers Watson Public Limited has a consensus rating of “Buy” and an average price target of $152.69.

In other Willis Towers Watson Public Limited news, Director Jeffrey W. Ubben sold 85,000 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $149.78, for a total value of $12,731,300.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $140.53, for a total value of $140,530,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,493,178 shares of company stock worth $361,886,138. 6.70% of the stock is owned by insiders.

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.

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

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