TIAA CREF Investment Management LLC Has $55.83 Million Position in Willis Towers Watson Public Limited Company (WLTW)

TIAA CREF Investment Management LLC lifted its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 1,609.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 383,806 shares of the financial services provider’s stock after acquiring an additional 361,358 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.28% of Willis Towers Watson Public Limited worth $55,828,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in WLTW. Gabelli Funds LLC increased its position in shares of Willis Towers Watson Public Limited by 58.3% during the first quarter. Gabelli Funds LLC now owns 9,500 shares of the financial services provider’s stock valued at $1,243,000 after acquiring an additional 3,500 shares in the last quarter. Meadow Creek Investment Management LLC increased its position in shares of Willis Towers Watson Public Limited by 15.8% during the first quarter. Meadow Creek Investment Management LLC now owns 3,542 shares of the financial services provider’s stock valued at $464,000 after acquiring an additional 484 shares in the last quarter. Karp Capital Management Corp bought a new stake in shares of Willis Towers Watson Public Limited during the first quarter valued at approximately $1,158,000. State of Wisconsin Investment Board bought a new stake in shares of Willis Towers Watson Public Limited during the first quarter valued at approximately $8,603,000. Finally, Oxford Asset Management increased its position in shares of Willis Towers Watson Public Limited by 0.4% during the first quarter. Oxford Asset Management now owns 100,587 shares of the financial services provider’s stock valued at $13,166,000 after acquiring an additional 398 shares in the last quarter. 94.38% of the stock is owned by institutional investors.

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In related news, Director Brendan R. Oneill sold 5,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total transaction of $754,600.00. Following the sale, the director now owns 17,302 shares in the company, valued at approximately $2,611,217.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeffrey W. Ubben sold 820,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $149.59, for a total value of $122,663,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 4,044,652 shares of company stock worth $604,286,611 in the last 90 days. 6.70% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at 152.10 on Tuesday. The stock has a market cap of $20.43 billion, a PE ratio of 43.05 and a beta of 0.94. The stock’s 50 day moving average is $152.45 and its 200 day moving average is $149.23. Willis Towers Watson Public Limited Company has a 52 week low of $112.76 and a 52 week high of $153.80.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its 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 net margin of 4.75% and a return on equity of 10.63%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the company posted $1.66 EPS. The company’s quarterly revenue was up .2% compared to the same quarter last year. Analysts predict that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.

WLTW has been the subject of several analyst reports. UBS AG reissued 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 research report on Monday, June 5th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $165.00 target price on shares of Willis Towers Watson Public Limited in a research report on Friday, June 16th. Barclays PLC lifted their target price on shares of Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the stock an “overweight” rating in a research report on Friday, June 30th. Morgan Stanley reaffirmed an “overweight” rating and issued a $160.00 target price (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a research report on Friday, July 7th. Finally, Deutsche Bank AG reaffirmed a “sell” rating and issued a $121.00 target price on shares of Willis Towers Watson Public Limited in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the stock. Willis Towers Watson Public Limited currently has an average rating of “Buy” and a consensus price target of $154.50.

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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