Sentry Investment Management LLC Decreases Position in Willis Towers Watson PLC (WLTW)

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Sentry Investment Management LLC cut its holdings in shares of Willis Towers Watson PLC (NASDAQ:WLTW) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 31,898 shares of the financial services provider’s stock after selling 835 shares during the period. Sentry Investment Management LLC’s holdings in Willis Towers Watson were worth $4,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of WLTW. Integrated Investment Consultants LLC increased its holdings in Willis Towers Watson by 10.9% in the fourth quarter. Integrated Investment Consultants LLC now owns 1,775 shares of the financial services provider’s stock valued at $270,000 after buying an additional 175 shares in the last quarter. We Are One Seven LLC purchased a new position in Willis Towers Watson in the fourth quarter valued at $32,000. Nissay Asset Management Corp Japan ADV increased its holdings in Willis Towers Watson by 2.4% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 9,778 shares of the financial services provider’s stock valued at $1,485,000 after buying an additional 225 shares in the last quarter. Tradition Capital Management LLC increased its holdings in Willis Towers Watson by 0.7% in the fourth quarter. Tradition Capital Management LLC now owns 37,764 shares of the financial services provider’s stock valued at $5,734,000 after buying an additional 255 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in Willis Towers Watson by 5.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 6,432 shares of the financial services provider’s stock valued at $977,000 after buying an additional 319 shares in the last quarter. Institutional investors own 94.79% of the company’s stock.

In related news, insider Adam Garrard sold 3,517 shares of the company’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $171.71, for a total transaction of $603,904.07. Following the completion of the sale, the insider now owns 5,542 shares of the company’s stock, valued at approximately $951,616.82. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Joseph Gunn sold 2,042 shares of the company’s stock in a transaction dated Monday, February 11th. The shares were sold at an average price of $168.30, for a total transaction of $343,668.60. Following the sale, the insider now directly owns 17,264 shares of the company’s stock, valued at approximately $2,905,531.20. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.

A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of Willis Towers Watson from a “buy” rating to a “hold” rating in a report on Monday, November 26th. BidaskClub cut shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 14th. Morgan Stanley boosted their target price on shares of Willis Towers Watson from $171.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 14th. Deutsche Bank raised shares of Willis Towers Watson from a “sell” rating to a “hold” rating and boosted their target price for the stock from $149.00 to $164.00 in a research note on Thursday, February 7th. Finally, Raymond James boosted their target price on shares of Willis Towers Watson from $175.00 to $180.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, November 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $175.17.

Shares of WLTW stock traded up $0.70 on Thursday, reaching $171.24. 171,224 shares of the company were exchanged, compared to its average volume of 675,741. The stock has a market capitalization of $22.14 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.29 and a beta of 0.74. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. Willis Towers Watson PLC has a 1 year low of $134.50 and a 1 year high of $172.50.

Willis Towers Watson (NASDAQ:WLTW) last released its earnings results on Thursday, February 7th. The financial services provider reported $4.00 EPS for the quarter, missing analysts’ consensus estimates of $4.06 by ($0.06). The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.38 billion. Willis Towers Watson had a return on equity of 12.44% and a net margin of 8.16%. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.21 EPS. On average, analysts expect that Willis Towers Watson PLC will post 10.69 earnings per share for the current year.

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Willis Towers Watson Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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

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