Teachers Advisors LLC Has $3.38 Million Stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW)

Teachers Advisors LLC raised its position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 3.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,825 shares of the financial services provider’s stock after buying an additional 745 shares during the period. Teachers Advisors LLC’s holdings in Willis Towers Watson Public Limited were worth $3,380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in WLTW. Korea Investment CORP raised its position in shares of Willis Towers Watson Public Limited by 29,063.2% in the first quarter. Korea Investment CORP now owns 45,203 shares of the financial services provider’s stock worth $5,917,000 after buying an additional 45,048 shares during the period. First Manhattan Co. raised its position in shares of Willis Towers Watson Public Limited by 17.3% in the first quarter. First Manhattan Co. now owns 4,084 shares of the financial services provider’s stock worth $542,000 after buying an additional 603 shares during the period. Mn Services Vermogensbeheer B.V. raised its position in shares of Willis Towers Watson Public Limited by 2.8% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,465 shares of the financial services provider’s stock worth $424,000 after buying an additional 94 shares during the period. Nationwide Fund Advisors raised its position in shares of Willis Towers Watson Public Limited by 0.4% in the first quarter. Nationwide Fund Advisors now owns 94,597 shares of the financial services provider’s stock worth $12,382,000 after buying an additional 408 shares during the period. Finally, State of Alaska Department of Revenue raised its position in shares of Willis Towers Watson Public Limited by 156.0% in the first quarter. State of Alaska Department of Revenue now owns 7,614 shares of the financial services provider’s stock worth $996,000 after buying an additional 4,640 shares during the period. Institutional investors own 92.06% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) traded up 0.75% during midday trading on Friday, hitting $149.08. The stock had a trading volume of 51,107 shares. Willis Towers Watson Public Limited Company has a 52 week low of $112.76 and a 52 week high of $151.02. The stock has a 50 day moving average price of $147.23 and a 200-day moving average price of $137.04. The stock has a market capitalization of $20.02 billion, a price-to-earnings ratio of 42.20 and a beta of 0.93.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 1.43%. The ex-dividend date was Wednesday, June 28th. Willis Towers Watson Public Limited’s payout ratio is presently 76.81%.

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A number of brokerages have issued reports on WLTW. Deutsche Bank AG reiterated a “sell” rating and set a $130.00 price target (up previously from $121.00) on shares of Willis Towers Watson Public Limited in a research report on Wednesday. Jefferies Group LLC reiterated a “buy” rating and set a $165.00 price target on shares of Willis Towers Watson Public Limited in a research report on Friday, June 16th. Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price target on shares of Willis Towers Watson Public Limited in a research report on Friday, August 4th. Citigroup Inc. reduced their price target on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating for the company in a research report on Monday. Finally, Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $152.69.

In related news, insider Nicolas Aubert sold 3,178 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $144.71, for a total transaction of $459,888.38. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the firm’s stock in a transaction 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. Insiders have sold a total of 2,493,178 shares of company stock worth $361,886,138 in the last ninety days. 6.70% of the stock is currently owned by company insiders.

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.

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

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