Willis Towers Watson PLC (NASDAQ:WLTW) Stock Holdings Lifted by Vanguard Group Inc.

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Vanguard Group Inc. lifted its position in Willis Towers Watson PLC (NASDAQ:WLTW) by 0.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,008,856 shares of the financial services provider’s stock after buying an additional 80,260 shares during the quarter. Vanguard Group Inc. owned approximately 0.11% of Willis Towers Watson worth $2,683,255,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its position in shares of Willis Towers Watson by 7.6% in the second quarter. Private Advisor Group LLC now owns 1,310 shares of the financial services provider’s stock worth $251,000 after acquiring an additional 93 shares in the last quarter. AMP Capital Investors Ltd grew its position in Willis Towers Watson by 22.1% during the second quarter. AMP Capital Investors Ltd now owns 43,201 shares of the financial services provider’s stock valued at $8,163,000 after purchasing an additional 7,815 shares in the last quarter. A.R.T. Advisors LLC purchased a new position in Willis Towers Watson during the second quarter valued at approximately $1,382,000. Asset Management One Co. Ltd. grew its position in Willis Towers Watson by 10.5% during the second quarter. Asset Management One Co. Ltd. now owns 67,605 shares of the financial services provider’s stock valued at $12,947,000 after purchasing an additional 6,436 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in Willis Towers Watson by 399.1% during the second quarter. Jacobs Levy Equity Management Inc. now owns 73,765 shares of the financial services provider’s stock valued at $14,129,000 after purchasing an additional 58,985 shares in the last quarter. 92.91% of the stock is currently owned by institutional investors and hedge funds.

WLTW traded down $0.55 on Thursday, reaching $198.14. 6,223 shares of the company traded hands, compared to its average volume of 423,330. The stock’s 50 day moving average price is $194.80 and its 200-day moving average price is $185.60. Willis Towers Watson PLC has a 52-week low of $134.50 and a 52-week high of $200.93. The company has a market cap of $25.16 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 1.69 and a beta of 0.81. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.83 and a quick ratio of 1.83.

Willis Towers Watson (NASDAQ:WLTW) last posted its earnings results on Wednesday, July 31st. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.76 by $0.02. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Willis Towers Watson had a net margin of 9.86% and a return on equity of 13.00%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.70 earnings per share. As a group, equities research analysts forecast that Willis Towers Watson PLC will post 10.93 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Friday, September 27th. Willis Towers Watson’s dividend payout ratio (DPR) is presently 26.72%.

WLTW has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, September 11th. Morgan Stanley lowered their price objective on shares of Willis Towers Watson from $215.00 to $209.00 and set an “overweight” rating on the stock in a research report on Thursday, August 15th. UBS Group boosted their price objective on shares of Willis Towers Watson from $202.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. Barclays set a $235.00 price objective on shares of Willis Towers Watson and gave the company a “buy” rating in a research report on Monday, August 12th. Finally, SunTrust Banks boosted their price objective on shares of Willis Towers Watson from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $201.33.

In other Willis Towers Watson news, insider Nicolas Aubert sold 7,592 shares of Willis Towers Watson stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $195.00, for a total value of $1,480,440.00. Following the completion of the sale, the insider now directly owns 5,875 shares in the company, valued at $1,145,625. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.75% of the stock is owned by insiders.

Willis Towers Watson Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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Want to see what other hedge funds are holding WLTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson PLC (NASDAQ:WLTW).

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

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