State Board of Administration of Florida Retirement System raised its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 924.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,313 shares of the financial services provider’s stock after buying an additional 97,736 shares during the period. State Board of Administration of Florida Retirement System owned about 0.08% of Willis Towers Watson Public Limited worth $15,755,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of WLTW. Tokio Marine Asset Management Co. Ltd. boosted its position in Willis Towers Watson Public Limited by 363.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,550 shares of the financial services provider’s stock valued at $1,774,000 after buying an additional 10,627 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in Willis Towers Watson Public Limited by 6.2% in the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock valued at $761,000 after buying an additional 340 shares during the last quarter. 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 valued at $936,000 after buying an additional 79 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Willis Towers Watson Public Limited during the second quarter valued at $23,343,000. Finally, Korea Investment CORP boosted its position in Willis Towers Watson Public Limited by 29,063.2% in the first quarter. Korea Investment CORP now owns 45,203 shares of the financial services provider’s stock valued at $5,917,000 after buying an additional 45,048 shares during the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 148.88 on Monday. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 42.14 and a beta of 0.93. The company has a 50 day moving average of $148.29 and a 200 day moving average of $138.89. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $152.00.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.03. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm posted $1.66 EPS. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current fiscal year.

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WLTW has been the topic of several research analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $166.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, July 21st. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $158.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, July 14th. Citigroup Inc. lifted their price objective on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. Jefferies Group LLC reissued a “buy” rating and set a $165.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, June 16th. Finally, UBS AG reissued a “buy” rating and set a $163.00 target price (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a research note on Monday, June 5th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $152.69.

In other news, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $150.92, for a total value of $754,600.00. Following the completion of the sale, the director now owns 17,302 shares in the company, valued at approximately $2,611,217.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey W. Ubben sold 650,000 shares of the company’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $149.34, for a total transaction of $97,071,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,852,000 shares of company stock valued at $424,855,580. Company insiders own 6.70% of the company’s stock.

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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