18,779 Shares in Willis Towers Watson Public Limited Company (WLTW) Acquired by Rafferty Asset Management LLC

Rafferty Asset Management LLC acquired a new position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,779 shares of the financial services provider’s stock, valued at approximately $2,732,000.

Other institutional investors also recently made changes to their positions in the company. Great West Life Assurance Co. Can boosted its stake in Willis Towers Watson Public Limited by 11.8% during 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. Commonwealth Bank of Australia boosted its stake in Willis Towers Watson Public Limited by 12.1% during the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock worth $100,000 after buying an additional 75 shares in the last quarter. Dupont Capital Management Corp acquired a new stake in Willis Towers Watson Public Limited during the second quarter worth $106,000. Advisors Asset Management Inc. boosted its stake in Willis Towers Watson Public Limited by 77.2% during the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock worth $132,000 after buying an additional 396 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Willis Towers Watson Public Limited by 74.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,252 shares of the financial services provider’s stock worth $182,000 after buying an additional 535 shares in the last quarter. Institutional investors and hedge funds own 94.38% of the company’s stock.

In other news, insider Jeffrey W. Ubben sold 41,348 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $152.38, for a total transaction of $6,300,608.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction 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 sale, the director now owns 17,302 shares of the company’s stock, valued at $2,611,217.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,086,000 shares of company stock worth $610,587,219. 6.70% of the stock is currently owned by insiders.

A number of equities research analysts have weighed in on the stock. Robert W. Baird reiterated a “buy” rating and set a $167.00 price target on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 12th. ValuEngine upgraded shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Deutsche Bank AG reiterated a “sell” rating and set a $130.00 price target (up previously from $121.00) on shares of Willis Towers Watson Public Limited in a research note on Wednesday, August 9th. Jefferies Group LLC reiterated a “buy” rating and set a $165.00 price target on shares of Willis Towers Watson Public Limited in a research note on Friday, June 16th. 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 note on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $154.50.

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Willis Towers Watson Public Limited Company (WLTW) opened at 152.41 on Thursday. The company has a market capitalization of $20.47 billion, a PE ratio of 43.14 and a beta of 0.94. The firm’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.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.03). The company had revenue of $1.95 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the company posted $1.66 earnings per share. Equities analysts forecast that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is currently 76.81%.

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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