Willis Towers Watson PLC (WLTW) Shares Bought by Trexquant Investment LP

Trexquant Investment LP grew its position in Willis Towers Watson PLC (NASDAQ:WLTW) by 958.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,270 shares of the financial services provider’s stock after acquiring an additional 17,450 shares during the quarter. Trexquant Investment LP’s holdings in Willis Towers Watson were worth $2,716,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Toronto Dominion Bank boosted its holdings in shares of Willis Towers Watson by 0.4% in the third quarter. Toronto Dominion Bank now owns 85,111 shares of the financial services provider’s stock valued at $11,993,000 after acquiring an additional 320 shares during the period. Riverhead Capital Management LLC lifted its holdings in shares of Willis Towers Watson by 8.3% during the second quarter. Riverhead Capital Management LLC now owns 4,555 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 348 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Willis Towers Watson by 8.4% during the second quarter. Daiwa Securities Group Inc. now owns 4,511 shares of the financial services provider’s stock worth $684,000 after purchasing an additional 350 shares during the period. Gamble Jones Investment Counsel lifted its holdings in shares of Willis Towers Watson by 1.2% during the second quarter. Gamble Jones Investment Counsel now owns 33,263 shares of the financial services provider’s stock worth $5,043,000 after purchasing an additional 380 shares during the period. Finally, Glen Harbor Capital Management LLC lifted its holdings in shares of Willis Towers Watson by 8.3% during the second quarter. Glen Harbor Capital Management LLC now owns 5,096 shares of the financial services provider’s stock worth $773,000 after purchasing an additional 392 shares during the period. 91.78% of the stock is owned by institutional investors and hedge funds.

In other Willis Towers Watson news, insider Todd J. Jones sold 2,450 shares of the stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $155.56, for a total value of $381,122.00. Following the completion of the transaction, the insider now owns 17,864 shares in the company, valued at $2,778,923.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Garrard sold 1,830 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of $146.77, for a total value of $268,589.10. Following the completion of the transaction, the insider now owns 13,739 shares of the company’s stock, valued at approximately $2,016,473.03. The disclosure for this sale can be found here. Insiders sold 14,280 shares of company stock valued at $2,251,211 in the last quarter. 0.50% of the stock is currently owned by company insiders.

WLTW has been the subject of several recent research reports. ValuEngine downgraded Willis Towers Watson from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. BidaskClub downgraded Willis Towers Watson from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Morgan Stanley decreased their price target on Willis Towers Watson from $175.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, August 3rd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $175.00 price target on shares of Willis Towers Watson in a report on Monday, August 6th. Finally, Credit Suisse Group initiated coverage on Willis Towers Watson in a report on Tuesday, August 7th. They set a “neutral” rating and a $166.00 price target for the company. Three research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Willis Towers Watson currently has an average rating of “Buy” and an average target price of $173.64.

NASDAQ:WLTW opened at $155.98 on Monday. The firm has a market capitalization of $20.27 billion, a price-to-earnings ratio of 18.33, a price-to-earnings-growth ratio of 1.34 and a beta of 0.74. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.86. Willis Towers Watson PLC has a 1 year low of $134.50 and a 1 year high of $164.99.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings data on Friday, November 2nd. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.21. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Willis Towers Watson had a return on equity of 10.15% and a net margin of 6.84%. Willis Towers Watson’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.12 earnings per share. As a group, sell-side analysts anticipate that Willis Towers Watson PLC will post 9.82 EPS for the current year.

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About Willis Towers Watson

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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