Janney Montgomery Scott LLC boosted its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 21.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 4,961 shares of the financial services provider’s stock after buying an additional 886 shares during the period. Janney Montgomery Scott LLC’s holdings in Willis Towers Watson Public Limited were worth $722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Conning Inc. boosted its position in Willis Towers Watson Public Limited by 1.4% in the first quarter. Conning Inc. now owns 2,250 shares of the financial services provider’s stock worth $295,000 after buying an additional 30 shares during the period. Financial Architects Inc boosted its position in Willis Towers Watson Public Limited by 2.5% in the second 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 period. LS Investment Advisors LLC boosted its position in Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock worth $936,000 after buying an additional 79 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in Willis Towers Watson Public Limited by 2.8% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,465 shares of the financial services provider’s stock worth $424,000 after buying an additional 94 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Willis Towers Watson Public Limited by 1.3% in the second quarter. Louisiana State Employees Retirement System now owns 7,900 shares of the financial services provider’s stock valued at $1,149,000 after buying an additional 100 shares during the last quarter. Institutional investors own 92.48% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 150.87 on Wednesday. The company has a market capitalization of $20.26 billion, a P/E ratio of 42.70 and a beta of 0.93. Willis Towers Watson Public Limited Company has a 12-month low of $112.76 and a 12-month high of $152.00. The stock has a 50 day moving average of $147.68 and a 200-day moving average of $137.70.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.03. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the business earned $1.66 earnings per share. Equities research analysts forecast that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio is currently 76.81%.

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Several analysts have commented on WLTW shares. Jefferies Group LLC boosted their price target on shares of Willis Towers Watson Public Limited from $141.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, May 10th. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson Public Limited in a research note on Thursday, May 4th. Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a research note on Thursday, May 4th. Zacks Investment Research upgraded shares of Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a research note on Monday, May 8th. Finally, Deutsche Bank AG reiterated a “sell” rating and issued a $121.00 price target on shares of Willis Towers Watson Public Limited in a research note on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the stock. Willis Towers Watson Public Limited currently has a consensus rating of “Buy” and an average target price of $152.69.

In other news, insider Jeffrey W. Ubben sold 180,000 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $149.09, for a total value of $26,836,200.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Nicolas Aubert sold 3,178 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $144.71, for a total transaction of $459,888.38. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,673,178 shares of company stock worth $388,722,338. Insiders own 6.70% of the company’s stock.

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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