Pioneer Investment Management Inc. maintained its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) during the second quarter, Holdings Channel reports. The fund owned 74,560 shares of the financial services provider’s stock at the end of the second quarter. Pioneer Investment Management Inc.’s holdings in Willis Towers Watson Public Limited were worth $10,845,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. Bank of Montreal Can boosted its stake in Willis Towers Watson Public Limited by 24.5% in the first quarter. Bank of Montreal Can now owns 295,402 shares of the financial services provider’s stock valued at $38,664,000 after buying an additional 58,164 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake 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 in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of 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 period. LS Investment Advisors LLC boosted 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 valued at $936,000 after buying an additional 79 shares during the period. Finally, Atria Investments LLC boosted 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 valued at $629,000 after buying an additional 46 shares during the period. Hedge funds and other 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 1-year low of $112.76 and a 1-year high of $151.02. The stock’s 50 day moving average price is $147.34 and its 200 day moving average price is $137.20. The company has a market capitalization of $20.03 billion, a price-to-earnings ratio of 42.21 and a beta of 0.93.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings data 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. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the company earned $1.66 EPS. Willis Towers Watson Public Limited’s quarterly revenue was up .2% on a year-over-year basis. Analysts expect that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio is currently 76.81%.

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WLTW has been the topic of several research analyst reports. Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Zacks Investment Research upgraded Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a research report on Monday, May 8th. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Jefferies Group LLC lifted their price target on Willis Towers Watson Public Limited from $141.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Finally, 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. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the stock. Willis Towers Watson Public Limited currently has a consensus rating of “Buy” and an average target price of $152.69.

In related news, insider Jeffrey W. Ubben sold 1,000,000 shares of the company’s stock in a transaction on Friday, May 19th. The shares were sold at an average price of $140.53, for a total value of $140,530,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey W. Ubben sold 120,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $149.76, for a total transaction of $17,971,200.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,493,178 shares of company stock valued at $361,886,138. 6.70% of the stock is owned by corporate 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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