Epoch Investment Partners Inc. decreased its position in shares of Willis Towers Watson PLC (NASDAQ:WLTW) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,180,231 shares of the financial services provider’s stock after selling 45,981 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.91% of Willis Towers Watson worth $166,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in WLTW. Riverhead Capital Management LLC increased its stake in shares of Willis Towers Watson by 7.8% during the third quarter. Riverhead Capital Management LLC now owns 4,911 shares of the financial services provider’s stock worth $692,000 after buying an additional 356 shares during the period. Bridgewater Associates LP increased its stake in shares of Willis Towers Watson by 242.3% during the third quarter. Bridgewater Associates LP now owns 6,648 shares of the financial services provider’s stock worth $937,000 after buying an additional 4,706 shares during the period. Raymond James Trust N.A. purchased a new stake in shares of Willis Towers Watson during the third quarter worth approximately $771,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Willis Towers Watson by 25.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,768 shares of the financial services provider’s stock worth $1,518,000 after buying an additional 2,158 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in shares of Willis Towers Watson during the third quarter worth approximately $573,000. 91.80% of the stock is currently owned by hedge funds and other institutional investors.

WLTW stock opened at $157.31 on Wednesday. The company has a market capitalization of $20.72 billion, a PE ratio of 18.49, a PEG ratio of 1.38 and a beta of 0.78. Willis Towers Watson PLC has a twelve month low of $134.50 and a twelve month high of $164.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.86.

Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings data on Friday, November 2nd. The financial services provider reported $1.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.21. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.88 billion. Willis Towers Watson had a return on equity of 10.15% and a net margin of 6.84%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.12 earnings per share. On average, sell-side analysts predict that Willis Towers Watson PLC will post 9.82 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, December 28th. Willis Towers Watson’s payout ratio is currently 28.20%.

In other news, insider Todd J. Jones sold 2,450 shares of the stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $155.56, for a total value of $381,122.00. Following the completion of the sale, the insider now directly owns 17,864 shares of the company’s stock, valued at $2,778,923.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicolas Aubert sold 16,762 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $160.00, for a total value of $2,681,920.00. Following the completion of the sale, the insider now directly owns 25,482 shares of the company’s stock, valued at $4,077,120. The disclosure for this sale can be found here. Insiders sold 29,212 shares of company stock valued at $4,664,542 over the last three months. Corporate insiders own 0.50% of the company’s stock.

Several equities analysts have commented on the stock. Morgan Stanley increased their price target on shares of Willis Towers Watson from $171.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 14th. Zacks Investment Research upgraded shares of Willis Towers Watson from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research note on Saturday. Raymond James increased their price target on shares of Willis Towers Watson from $175.00 to $180.00 and gave the company a “strong-buy” rating in a research note on Tuesday, November 6th. BidaskClub upgraded shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Wednesday, November 7th. Finally, Wells Fargo & Co increased their price target on shares of Willis Towers Watson from $155.00 to $160.00 and gave the company a “market perform” rating in a research note on Monday, November 5th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $173.71.

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About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides 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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Institutional Ownership by Quarter for Willis Towers Watson (NASDAQ:WLTW)

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