Willis Towers Watson Public Limited Company (WLTW) Shares Sold by Sumitomo Mitsui Asset Management Company LTD

Sumitomo Mitsui Asset Management Company LTD reduced its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 4.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 9,984 shares of the financial services provider’s stock after selling 515 shares during the quarter. Sumitomo Mitsui Asset Management Company LTD’s holdings in Willis Towers Watson Public Limited were worth $1,539,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Financial Architects Inc lifted its position in shares of Willis Towers Watson Public Limited by 2.5% in the 2nd quarter. Financial Architects Inc now owns 1,284 shares of the financial services provider’s stock worth $187,000 after buying an additional 31 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC lifted its position in shares of Willis Towers Watson Public Limited by 0.8% in the 2nd 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 last quarter. Great West Life Assurance Co. Can lifted its position 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 buying an additional 73 shares during the last quarter. Commonwealth Bank of Australia lifted its position 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 buying an additional 75 shares during the last quarter. Finally, LS Investment Advisors LLC increased its holdings in shares of Willis Towers Watson Public Limited by 1.2% in the 2nd quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock worth $936,000 after acquiring an additional 79 shares during the period. Institutional investors own 93.55% of the company’s stock.

WLTW has been the topic of a number of analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $166.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Keefe, Bruyette & Woods reissued a “buy” rating and set a $158.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Citigroup Inc. raised their target price on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. ValuEngine raised shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $176.00 target price on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the company. Willis Towers Watson Public Limited has an average rating of “Buy” and an average price target of $155.80.

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In other news, Director Jeffrey W. Ubben sold 103,578 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $156.36, for a total value of $16,195,456.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jeffrey W. Ubben sold 287,532 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $156.74, for a total transaction of $45,067,765.68. The disclosure for this sale can be found here. In the last three months, insiders sold 4,845,295 shares of company stock worth $728,949,063. Insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Company (WLTW) opened at $159.59 on Friday. The stock has a market cap of $21,482.89, a P/E ratio of 19.56, a P/E/G ratio of 1.90 and a beta of 0.91. The company has a current ratio of 1.97, a quick ratio of 2.25 and a debt-to-equity ratio of 0.45.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.12 EPS for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). Willis Towers Watson Public Limited had a net margin of 4.43% and a return on equity of 10.93%. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the prior year, the business earned $1.04 EPS. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. equities analysts anticipate that Willis Towers Watson Public Limited Company will post 8.43 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio is 81.85%.

Willis Towers Watson Public Limited 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.

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

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