Willis Towers Watson Public Limited Company (WLTW) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC increased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 110.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,084 shares of the financial services provider’s stock after purchasing an additional 36,214 shares during the quarter. Voya Investment Management LLC owned 0.05% of Willis Towers Watson Public Limited worth $10,049,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WLTW. Karp Capital Management Corp purchased a new position in shares of Willis Towers Watson Public Limited in the 1st quarter valued at about $1,158,000. OppenheimerFunds Inc. increased its holdings in shares of Willis Towers Watson Public Limited by 28.9% in the 1st quarter. OppenheimerFunds Inc. now owns 8,919 shares of the financial services provider’s stock valued at $1,167,000 after purchasing an additional 2,002 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of Willis Towers Watson Public Limited by 3.0% in the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock valued at $3,380,000 after purchasing an additional 745 shares in the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Willis Towers Watson Public Limited in the 1st quarter valued at about $454,000. Finally, Thrivent Financial For Lutherans increased its holdings in shares of Willis Towers Watson Public Limited by 4.7% in the 1st quarter. Thrivent Financial For Lutherans now owns 4,697 shares of the financial services provider’s stock valued at $615,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 94.38% of the company’s stock.

Shares of Willis Towers Watson Public Limited Company (WLTW) opened at 155.02 on Friday. The firm has a market capitalization of $20.82 billion, a PE ratio of 43.88 and a beta of 0.95. The firm’s 50 day moving average is $153.62 and its 200 day moving average is $153.62. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $156.33.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings data 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). The company 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%. Willis Towers Watson Public Limited’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. Analysts anticipate that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.12 annualized dividend and a yield of 1.37%. Willis Towers Watson Public Limited’s payout ratio is presently 76.81%.

In other Willis Towers Watson Public Limited news, Director Jeffrey W. Ubben sold 85,000 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $149.78, for a total transaction of $12,731,300.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey W. Ubben sold 820,000 shares of the business’s stock in a transaction dated 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. In the last 90 days, insiders have sold 4,390,350 shares of company stock worth $657,724,947. Corporate insiders own 6.70% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Willis Towers Watson Public Limited Company (WLTW) Shares Bought by Voya Investment Management LLC” was published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://transcriptdaily.com/2017/10/08/willis-towers-watson-public-limited-company-wltw-shares-bought-by-voya-investment-management-llc.html.

A number of brokerages recently commented on WLTW. Robert W. Baird reissued a “buy” rating and issued a $167.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Tuesday, September 12th. Deutsche Bank AG reissued a “sell” rating and issued a $121.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Monday, July 10th. Stifel Nicolaus reissued a “buy” rating and issued a $166.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, July 21st. Morgan Stanley reissued an “overweight” rating and issued a $160.00 price objective (up from $150.00) on shares of Willis Towers Watson Public Limited in a research note on Friday, July 7th. Finally, ValuEngine raised shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Willis Towers Watson Public Limited currently has an average rating of “Buy” and a consensus target price of $157.43.

Willis Towers Watson Public Limited Company 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.

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

Receive News & Ratings for Willis Towers Watson Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public Limited Company and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply