Willis Towers Watson Public Limited Company (WLTW) Position Boosted by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 6.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,421 shares of the financial services provider’s stock after buying an additional 21,805 shares during the quarter. New York State Common Retirement Fund owned approximately 0.26% of Willis Towers Watson Public worth $53,583,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WLTW. Teachers Advisors LLC lifted its holdings in Willis Towers Watson Public by 3.0% during the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock valued at $3,380,000 after buying an additional 745 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Willis Towers Watson Public by 21.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 4,961 shares of the financial services provider’s stock valued at $722,000 after buying an additional 886 shares in the last quarter. Great West Life Assurance Co. Can lifted its holdings in Willis Towers Watson Public by 11.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after buying an additional 73 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Willis Towers Watson Public by 5.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,846 shares of the financial services provider’s stock valued at $559,000 after buying an additional 200 shares in the last quarter. Finally, Korea Investment CORP lifted its holdings in Willis Towers Watson Public by 25.0% during the 2nd quarter. Korea Investment CORP now owns 56,507 shares of the financial services provider’s stock valued at $8,220,000 after buying an additional 11,304 shares in the last quarter. Institutional investors own 94.35% of the company’s stock.

WLTW has been the subject of a number of research analyst reports. Robert W. Baird reiterated a “buy” rating and set a $167.00 price objective on shares of Willis Towers Watson Public in a report on Tuesday, September 12th. ValuEngine upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Wells Fargo & Company upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating in a report on Friday, November 3rd. Barclays lifted their price objective on shares of Willis Towers Watson Public from $171.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, October 16th. Finally, BidaskClub lowered shares of Willis Towers Watson Public from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Willis Towers Watson Public presently has an average rating of “Buy” and a consensus target price of $157.27.

In other news, CFO Michael J. Burwell acquired 3,100 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were purchased at an average price of $160.10 per share, with a total value of $496,310.00. Following the transaction, the chief financial officer now directly owns 3,100 shares in the company, valued at $496,310. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey W. Ubben sold 220,000 shares of Willis Towers Watson Public stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $148.07, for a total transaction of $32,575,400.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,025,295 shares of company stock worth $311,256,253. Insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Company (WLTW) opened at $157.32 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97. Willis Towers Watson Public Limited Company has a 12-month low of $120.87 and a 12-month high of $165.00. The stock has a market cap of $20,925.51, a P/E ratio of 19.42, a PEG ratio of 1.89 and a beta of 0.90.

Willis Towers Watson Public (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). Willis Towers Watson Public had a return on equity of 10.93% and a net margin of 4.43%. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the firm earned $1.04 EPS. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. research analysts forecast that Willis Towers Watson Public Limited Company will post 8.4 earnings per share for the current year.

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Willis Towers Watson Public 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 (NASDAQ:WLTW)

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