Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 26.8% during the second quarter, Holdings Channel reports. The firm owned 26,175 shares of the financial services provider’s stock after selling 9,601 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Willis Towers Watson Public Limited were worth $3,807,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Teachers Advisors LLC increased its position in shares of Willis Towers Watson Public Limited by 6.1% in the fourth quarter. Teachers Advisors LLC now owns 25,080 shares of the financial services provider’s stock worth $3,067,000 after buying an additional 1,453 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Willis Towers Watson Public Limited by 11.1% in the fourth quarter. Macquarie Group Ltd. now owns 3,200 shares of the financial services provider’s stock worth $391,000 after buying an additional 321 shares in the last quarter. Bank of Montreal Can increased its position in shares of 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 worth $38,664,000 after buying an additional 58,164 shares in the last quarter. Atria Investments LLC increased 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 worth $629,000 after buying an additional 46 shares in the last quarter. Finally, Telemus Capital LLC increased its position in shares of Willis Towers Watson Public Limited by 24.5% in the first quarter. Telemus Capital LLC now owns 6,679 shares of the financial services provider’s stock worth $874,000 after buying an additional 1,313 shares in the last quarter. 92.06% of the stock is currently owned by institutional investors.

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 cap of $20.03 billion, a P/E ratio of 42.21 and a beta of 0.93.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 analyst estimates of $1.95 billion. During the same period in the prior year, the business earned $1.66 EPS. The business’s revenue for the quarter was up .2% compared to the same quarter last year. Equities research analysts forecast that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a $0.53 dividend. This represents a $2.12 annualized dividend 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 76.81%.

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A number of research analysts have recently weighed in on WLTW shares. Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a report on Thursday, May 4th. Zacks Investment Research upgraded Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a report on Monday, May 8th. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson Public Limited in a 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 report on Wednesday, May 10th. Finally, UBS AG reiterated a “buy” rating and set a $163.00 price target (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $152.69.

In other news, CFO Roger F. Millay sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $149.58, for a total value of $2,991,600.00. Following the completion of the transaction, the chief financial officer now owns 14,059 shares in the company, valued at approximately $2,102,945.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $140.53, for a total value of $140,530,000.00. The disclosure for this sale can be found here. Insiders sold a total of 2,493,178 shares of company stock worth $361,886,138 in the last three months. Company insiders own 6.70% of the company’s stock.

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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