Permian Investment Partners LP acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 510,000 shares of the financial services provider’s stock, valued at approximately $78,657,000. Willis Towers Watson Public makes up about 12.5% of Permian Investment Partners LP’s portfolio, making the stock its 2nd largest holding. Permian Investment Partners LP owned approximately 0.39% of Willis Towers Watson Public at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in WLTW. Great West Life Assurance Co. Can raised its stake in shares of Willis Towers Watson Public by 11.8% in the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 73 shares in the last quarter. Commonwealth Bank of Australia raised its stake in shares of Willis Towers Watson Public by 12.1% in the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 75 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Willis Towers Watson Public by 30.2% in the second quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 162 shares in the last quarter. Dupont Capital Management Corp acquired a new stake in shares of Willis Towers Watson Public in the second quarter valued at $106,000. Finally, Advisors Asset Management Inc. raised its stake in shares of Willis Towers Watson Public by 77.2% in the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock valued at $132,000 after acquiring an additional 396 shares in the last quarter. Institutional investors and hedge funds own 94.35% of the company’s stock.

Several analysts have recently issued reports on WLTW shares. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson Public in a research note on Monday, August 21st. Jefferies Group reiterated a “buy” rating and issued a $176.00 price objective on shares of Willis Towers Watson Public in a research note on Tuesday, September 5th. ValuEngine upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Robert W. Baird restated a “buy” rating and issued a $167.00 price target on shares of Willis Towers Watson Public in a research note on Tuesday, September 12th. Finally, BidaskClub cut Willis Towers Watson Public from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 21st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $157.27.

In other Willis Towers Watson Public news, insider Jeffrey W. Ubben sold 41,348 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $152.38, for a total transaction of $6,300,608.24. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michael J. Burwell acquired 3,100 shares of the company’s stock in a transaction on Monday, November 6th. The shares were purchased at an average cost of $160.10 per share, for a total transaction of $496,310.00. Following the acquisition, the chief financial officer now owns 3,100 shares of the company’s stock, valued at approximately $496,310. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 1,313,643 shares of company stock worth $205,626,283. Corporate insiders own 6.70% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (WLTW) opened at $155.42 on Friday. Willis Towers Watson Public Limited Company has a 52 week low of $120.87 and a 52 week high of $165.00. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $20,743.30, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 1.88 and a beta of 0.90.

Willis Towers Watson Public (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.84 billion. Willis Towers Watson Public had a net margin of 4.43% and a return on equity of 10.93%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.04 earnings per share. equities research analysts predict that Willis Towers Watson Public Limited Company will post 8.41 EPS for the current year.

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Willis Towers Watson Public 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.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WLTW)

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