Private Advisor Group LLC purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,698 shares of the financial services provider’s stock, valued at approximately $248,000.

Several other hedge funds have also recently modified their holdings of the company. Tradition Capital Management LLC increased its position in shares of Willis Towers Watson Public Limited by 5.4% during the 2nd quarter. Tradition Capital Management LLC now owns 33,782 shares of the financial services provider’s stock valued at $4,914,000 after purchasing an additional 1,726 shares during the period. Farr Miller & Washington LLC DC increased its position in shares of Willis Towers Watson Public Limited by 72.3% during the 2nd quarter. Farr Miller & Washington LLC DC now owns 2,932 shares of the financial services provider’s stock valued at $427,000 after purchasing an additional 1,230 shares during the period. Hosking Partners LLP increased its position in shares of Willis Towers Watson Public Limited by 1.6% during the 2nd quarter. Hosking Partners LLP now owns 259,822 shares of the financial services provider’s stock valued at $37,794,000 after purchasing an additional 4,172 shares during the period. State of Tennessee Treasury Department increased its position in shares of Willis Towers Watson Public Limited by 38.5% during the 2nd quarter. State of Tennessee Treasury Department now owns 48,277 shares of the financial services provider’s stock valued at $7,022,000 after purchasing an additional 13,421 shares during the period. Finally, Swiss National Bank increased its position in shares of Willis Towers Watson Public Limited by 2.8% during the 2nd quarter. Swiss National Bank now owns 473,091 shares of the financial services provider’s stock valued at $68,816,000 after purchasing an additional 12,800 shares during the period. Institutional investors own 94.38% of the company’s stock.

In related news, insider Jeffrey W. Ubben sold 820,000 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $149.59, for a total value of $122,663,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey W. Ubben sold 41,348 shares of the company’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $152.38, for a total transaction of $6,300,608.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,086,000 shares of company stock valued at $610,587,219. 6.70% of the stock is owned by corporate insiders.

Several equities analysts have recently issued reports on the company. UBS AG reiterated a “buy” rating and set a $163.00 price target (up from $159.00) on shares of Willis Towers Watson Public Limited in a research report on Monday, June 5th. BidaskClub cut Willis Towers Watson Public Limited from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Citigroup Inc. lowered their price target on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating on the stock in a research report on Monday, August 7th. Deutsche Bank AG reiterated a “sell” rating and set a $130.00 price target (up from $121.00) on shares of Willis Towers Watson Public Limited in a research report on Wednesday, August 9th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price target on shares of Willis Towers Watson Public Limited in a research report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. Willis Towers Watson Public Limited has an average rating of “Buy” and an average price target of $154.50.

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) opened at 151.37 on Friday. The stock’s 50 day moving average price is $152.36 and its 200-day moving average price is $152.36. Willis Towers Watson Public Limited Company has a one year low of $112.76 and a one year high of $153.80. The stock has a market cap of $20.33 billion, a P/E ratio of 42.84 and a beta of 0.94.

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 Zacks’ consensus estimate of $1.48 by ($0.03). Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the company earned $1.66 EPS. The business’s revenue for the quarter was up .2% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Saturday, September 30th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio is currently 76.81%.

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Willis Towers Watson Public Limited Company Profile

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.

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

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