Keybank National Association OH reduced its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 22.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,311 shares of the financial services provider’s stock after selling 680 shares during the period. Keybank National Association OH’s holdings in Willis Towers Watson Public Limited were worth $336,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Willis Towers Watson Public Limited by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 12,360,654 shares of the financial services provider’s stock worth $1,617,886,000 after purchasing an additional 416,476 shares during the period. Harris Associates L P increased its stake in Willis Towers Watson Public Limited by 27.4% in the 1st quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock worth $1,035,392,000 after purchasing an additional 1,701,826 shares during the period. State Street Corp increased its stake in Willis Towers Watson Public Limited by 6.4% in the 1st quarter. State Street Corp now owns 5,909,317 shares of the financial services provider’s stock worth $773,538,000 after purchasing an additional 355,310 shares during the period. BlackRock Inc. increased its stake in Willis Towers Watson Public Limited by 2,106.3% in the 1st quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock worth $704,098,000 after purchasing an additional 5,135,491 shares during the period. Finally, Longview Partners Guernsey LTD increased its stake in Willis Towers Watson Public Limited by 5.1% in the 2nd quarter. Longview Partners Guernsey LTD now owns 5,322,466 shares of the financial services provider’s stock worth $774,206,000 after purchasing an additional 256,179 shares during the period. 94.38% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Brendan R. Oneill sold 5,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total value of $754,600.00. Following the sale, the director now directly owns 17,302 shares in the company, valued at $2,611,217.84. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Roger F. Millay sold 20,000 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer now owns 14,059 shares in the company, valued at $2,102,945.22. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,044,652 shares of company stock worth $604,286,611. Company insiders own 6.70% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 152.88 on Thursday. The company has a market capitalization of $20.53 billion, a price-to-earnings ratio of 43.27 and a beta of 0.94. Willis Towers Watson Public Limited Company has a 52-week low of $112.76 and a 52-week high of $153.25. The company’s 50 day moving average price is $152.07 and its 200 day moving average price is $135.90.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.03). Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the company posted $1.66 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

A number of equities analysts have commented on the company. UBS AG reaffirmed a “buy” rating and issued a $163.00 price target (up from $159.00) on shares of Willis Towers Watson Public Limited in a research note on Monday, June 5th. Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 price target on shares of Willis Towers Watson Public Limited in a research note on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $176.00 price target on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 5th. Citigroup Inc. decreased their price target on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating on the stock in a research note on Monday, August 7th. Finally, Deutsche Bank AG reaffirmed a “sell” rating and issued a $130.00 price target (up from $121.00) on shares of Willis Towers Watson Public Limited in a research note on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $154.50.

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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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