Asset Management One Co. Ltd. Has $29.37 Million Holdings in Willis Towers Watson PLC (NASDAQ:WLTW)

Asset Management One Co. Ltd. grew its stake in Willis Towers Watson PLC (NASDAQ:WLTW) by 6,097.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 190,450 shares of the financial services provider’s stock after purchasing an additional 187,377 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.14% of Willis Towers Watson worth $29,373,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WLTW. Wilbanks Smith & Thomas Asset Management LLC grew its position in Willis Towers Watson by 0.8% in the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock worth $997,000 after purchasing an additional 56 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Willis Towers Watson 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 boosted its holdings in shares of Willis Towers Watson 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. Ameritas Investment Partners Inc. boosted its holdings in shares of Willis Towers Watson by 0.5% in the second quarter. Ameritas Investment Partners Inc. now owns 20,820 shares of the financial services provider’s stock valued at $3,027,000 after acquiring an additional 94 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Willis Towers Watson by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 35,274 shares of the financial services provider’s stock valued at $5,132,000 after acquiring an additional 102 shares in the last quarter. Institutional investors and hedge funds own 94.36% of the company’s stock.

WLTW has been the subject of a number of research reports. BidaskClub cut shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Robert W. Baird restated a “buy” rating and issued a $167.00 price target on shares of Willis Towers Watson in a research report on Friday, November 3rd. ValuEngine upgraded shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Jefferies Group restated a “buy” rating and issued a $176.00 price target on shares of Willis Towers Watson in a research report on Tuesday, September 5th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $164.00 target price on shares of Willis Towers Watson in a research report on Thursday, October 12th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $157.27.

In related news, insider Jeffrey W. Ubben sold 8,118 shares of the business’s stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of $156.05, for a total transaction of $1,266,813.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeffrey W. Ubben sold 287,532 shares of the company’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $156.74, for a total transaction of $45,067,765.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 774,945 shares of company stock valued at $122,792,116. 6.70% of the stock is owned by corporate insiders.

Willis Towers Watson PLC (WLTW) traded down $3.70 during trading hours on Tuesday, hitting $146.99. 815,445 shares of the stock were exchanged, compared to its average volume of 610,000. Willis Towers Watson PLC has a one year low of $120.87 and a one year high of $165.00. The company has a market cap of $19,896.93, a P/E ratio of 56.75, a price-to-earnings-growth ratio of 1.76 and a beta of 0.90. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.45.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Sunday, December 31st will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Thursday, December 28th. Willis Towers Watson’s dividend payout ratio is 81.85%.

WARNING: “Asset Management One Co. Ltd. Has $29.37 Million Holdings in Willis Towers Watson PLC (NASDAQ:WLTW)” was originally published by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.truebluetribune.com/2018/01/03/asset-management-one-co-ltd-raises-holdings-in-willis-towers-watson-public-limited-company-wltw-2.html.

Willis Towers Watson 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 (NASDAQ:WLTW)

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

Latest News

Leave a Reply