New Mexico Educational Retirement Board lowered its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 8.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,800 shares of the financial services provider’s stock after selling 1,100 shares during the period. New Mexico Educational Retirement Board’s holdings in Willis Towers Watson Public Limited were worth $1,757,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Conning Inc. increased its position in shares of 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 valued at $295,000 after buying an additional 30 shares during the last quarter. Financial Architects Inc increased its position in shares of 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 in the last quarter. Atria Investments LLC increased its position in shares of Willis Towers Watson Public Limited by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock worth $629,000 after buying an additional 46 shares in the last quarter. Great West Life Assurance Co. Can increased its position in shares of Willis Towers Watson Public Limited by 11.8% in the second 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 in the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of 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 in the last quarter. Institutional investors own 92.06% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 149.14 on Friday. Willis Towers Watson Public Limited Company has a 52-week low of $112.76 and a 52-week high of $151.02. The company’s 50-day moving average is $147.34 and its 200-day moving average is $137.20. The stock has a market cap of $20.03 billion, a PE ratio of 42.21 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 EPS for the quarter, missing the consensus estimate of $1.48 by $0.03. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the firm earned $1.66 EPS. The company’s revenue was up .2% on a year-over-year basis. Equities analysts anticipate that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 1.42%. The ex-dividend date was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is presently 76.81%.

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A number of equities analysts have commented on WLTW shares. Stifel Nicolaus restated a “buy” rating and issued a $166.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 21st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $158.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Citigroup Inc. upped their target price on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a research note on Thursday, July 13th. Jefferies Group LLC restated a “buy” rating and issued a $165.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, June 16th. Finally, UBS AG restated a “buy” rating and issued a $163.00 target price (up from $159.00) on shares of Willis Towers Watson Public Limited in a research note on Monday, June 5th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the stock. Willis Towers Watson Public Limited presently has an average rating of “Buy” and a consensus target price of $152.69.

In other Willis Towers Watson Public Limited news, insider Jeffrey W. Ubben sold 820,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $149.59, for a total transaction of $122,663,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $140.53, for a total transaction of $140,530,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 2,493,178 shares of company stock valued at $361,886,138 in the last quarter. 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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