Retirement Systems of Alabama increased its position in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 0.1% during the second quarter, Holdings Channel reports. The institutional investor owned 61,616 shares of the financial services provider’s stock after buying an additional 35 shares during the period. Retirement Systems of Alabama’s holdings in Willis Towers Watson Public Limited were worth $8,963,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its position in Willis Towers Watson Public Limited by 2,106.3% in the first quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock worth $704,098,000 after buying an additional 5,135,491 shares in the last quarter. Harris Associates L P boosted its position in Willis Towers Watson Public Limited by 27.4% in the first quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock worth $1,035,392,000 after buying an additional 1,701,826 shares in the last quarter. FMR LLC boosted its position in Willis Towers Watson Public Limited by 38.9% in the first quarter. FMR LLC now owns 2,261,668 shares of the financial services provider’s stock worth $296,030,000 after buying an additional 633,495 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Willis Towers Watson Public Limited by 1,026.9% in the first quarter. JPMorgan Chase & Co. now owns 518,950 shares of the financial services provider’s stock worth $67,924,000 after buying an additional 472,900 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Willis Towers Watson Public Limited by 3.5% in the first quarter. Vanguard Group Inc. now owns 12,360,654 shares of the financial services provider’s stock worth $1,617,886,000 after buying an additional 416,476 shares in the last quarter. Institutional investors own 92.06% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (WLTW) opened at 149.14 on Friday. The stock has a 50 day moving average of $147.34 and a 200-day moving average of $137.20. Willis Towers Watson Public Limited Company has a 12 month low of $112.76 and a 12 month high of $151.02. The firm has a market capitalization of $20.03 billion, a PE 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 consensus estimate of $1.48 by $0.03. The firm 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 company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm earned $1.66 EPS. On average, equities research analysts anticipate that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid a dividend of $0.53 per share. 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 (DPR) is presently 76.81%.

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WLTW has been the subject of a number of research analyst reports. Jefferies Group LLC upped their price objective on shares of Willis Towers Watson Public Limited from $141.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, May 10th. William Blair restated an “outperform” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Wells Fargo & Company restated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Zacks Investment Research upgraded shares of Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a research report on Monday, May 8th. Finally, Deutsche Bank AG restated a “sell” rating and set a $121.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company’s stock. Willis Towers Watson Public Limited presently has an average rating of “Buy” and an average price target of $152.69.

In other news, insider Jeffrey W. Ubben sold 820,000 shares of Willis Towers Watson Public Limited stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $149.59, for a total transaction of $122,663,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of Willis Towers Watson Public Limited stock in a transaction on Friday, May 19th. The stock was 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 have sold a total of 2,493,178 shares of company stock valued at $361,886,138 in the last ninety days. Corporate 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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