Buckingham Asset Management LLC lowered its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 15.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,713 shares of the financial services provider’s stock after selling 312 shares during the period. Buckingham Asset Management LLC’s holdings in Willis Towers Watson Public Limited were worth $249,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its position in Willis Towers Watson Public Limited by 2,106.3% in the first quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock valued at $704,098,000 after buying an additional 5,135,491 shares during the period. Harris Associates L P boosted its position in Willis Towers Watson Public Limited by 27.4% in the first quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock valued at $1,035,392,000 after buying an additional 1,701,826 shares during the period. FMR LLC boosted its position in Willis Towers Watson Public Limited by 38.9% in the first quarter. FMR LLC now owns 2,261,668 shares of the financial services provider’s stock valued at $296,030,000 after buying an additional 633,495 shares during the period. JPMorgan Chase & Co. boosted its position in Willis Towers Watson Public Limited by 1,026.9% in the first quarter. JPMorgan Chase & Co. now owns 518,950 shares of the financial services provider’s stock valued at $67,924,000 after buying an additional 472,900 shares during the period. Finally, Vanguard Group Inc. boosted its position in Willis Towers Watson Public Limited by 3.5% in the first quarter. Vanguard Group Inc. now owns 12,360,654 shares of the financial services provider’s stock valued at $1,617,886,000 after buying an additional 416,476 shares during the period. Institutional investors own 94.38% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (WLTW) opened at 148.00 on Tuesday. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $152.00. The firm has a 50-day moving average price of $148.29 and a 200 day moving average price of $138.89. The company has a market cap of $19.87 billion, a PE ratio of 41.89 and a beta of 0.93.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing the consensus estimate of $1.48 by $0.03. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.66 EPS. On average, equities analysts anticipate that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

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Several equities analysts have recently weighed in on the company. UBS AG reiterated a “buy” rating and set a $163.00 price objective (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. 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. lifted their price objective on Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the company a “buy” rating in a report on Thursday, July 13th. Zacks Investment Research cut Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $166.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company’s stock. Willis Towers Watson Public Limited currently has a consensus rating of “Buy” and an average target price of $152.69.

In related news, CFO Roger F. Millay sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $149.58, for a total value of $2,991,600.00. Following the sale, the chief financial officer now owns 14,059 shares in the company, valued at approximately $2,102,945.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total value of $754,600.00. Following the completion of the sale, the director now owns 17,302 shares in the company, valued at approximately $2,611,217.84. The disclosure for this sale can be found here. Insiders sold a total of 2,407,000 shares of company stock worth $360,317,230 in the last 90 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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