Rice Hall James & Associates LLC Reduces Stake in Willis Towers Watson Public Limited Company (WLTW)

Rice Hall James & Associates LLC lessened its position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 24.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,685 shares of the financial services provider’s stock after selling 3,160 shares during the period. Rice Hall James & Associates LLC’s holdings in Willis Towers Watson Public Limited were worth $1,494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WLTW. Great West Life Assurance Co. Can grew its holdings in shares of Willis Towers Watson Public Limited by 11.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock worth $100,000 after acquiring 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% in the 2nd quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock worth $100,000 after acquiring 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% in the 2nd quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 162 shares during the last quarter. Dupont Capital Management Corp acquired a new position in shares of Willis Towers Watson Public Limited in the 2nd quarter worth $106,000. Finally, Advisors Asset Management Inc. grew its holdings in shares of Willis Towers Watson Public Limited by 77.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock worth $132,000 after acquiring an additional 396 shares during the last quarter. 93.55% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Limited Company (WLTW) opened at $159.59 on Friday. The stock has a market capitalization of $21,198.84, a price-to-earnings ratio of 19.30, a PEG ratio of 1.88 and a beta of 0.91. The company has a quick ratio of 2.25, a current ratio of 1.97 and a debt-to-equity ratio of 0.45.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.01). Willis Towers Watson Public Limited had a return on equity of 10.93% and a net margin of 4.43%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the prior year, the firm posted $1.04 EPS. Willis Towers Watson Public Limited’s revenue for the quarter was up 4.0% on a year-over-year basis. 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, October 16th. Investors of record on Saturday, September 30th were given 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 81.85%.

In other Willis Towers Watson Public Limited news, insider Jeffrey W. Ubben sold 820,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $149.59, for a total value of $122,663,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $150.92, for a total value of $754,600.00. Following the completion of the transaction, the director now directly owns 17,302 shares of the company’s stock, valued at approximately $2,611,217.84. The disclosure for this sale can be found here. Insiders have sold a total of 4,845,295 shares of company stock valued at $728,949,063 in the last three months. 6.70% of the stock is owned by insiders.

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A number of brokerages recently issued reports on WLTW. Deutsche Bank AG restated a “sell” rating and issued a $121.00 target price on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Wells Fargo & Company restated a “sell” rating on shares of Willis Towers Watson Public Limited in a report on Thursday, August 3rd. BidaskClub upgraded Willis Towers Watson Public Limited from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. ValuEngine cut Willis Towers Watson Public Limited from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $164.00 target price on shares of Willis Towers Watson Public Limited in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. Willis Towers Watson Public Limited presently has a consensus rating of “Buy” and an average price target of $155.80.

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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