Voya Investment Management LLC Has $11.61 Million Holdings in Willis Towers Watson PLC (NASDAQ:WLTW)

Voya Investment Management LLC increased its holdings in Willis Towers Watson PLC (NASDAQ:WLTW) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,186 shares of the financial services provider’s stock after purchasing an additional 661 shares during the period. Voya Investment Management LLC’s holdings in Willis Towers Watson were worth $11,614,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. A.R.T. Advisors LLC acquired a new stake in shares of Willis Towers Watson in the second quarter worth about $1,382,000. Rhumbline Advisers lifted its holdings in Willis Towers Watson by 3.0% in the 3rd quarter. Rhumbline Advisers now owns 198,213 shares of the financial services provider’s stock worth $38,249,000 after purchasing an additional 5,840 shares during the last quarter. California Public Employees Retirement System lifted its holdings in Willis Towers Watson by 14.0% in the 3rd quarter. California Public Employees Retirement System now owns 694,401 shares of the financial services provider’s stock worth $133,999,000 after purchasing an additional 85,195 shares during the last quarter. AMP Capital Investors Ltd boosted its position in Willis Towers Watson by 22.1% during the second quarter. AMP Capital Investors Ltd now owns 43,201 shares of the financial services provider’s stock worth $8,163,000 after purchasing an additional 7,815 shares during the period. Finally, Retirement Systems of Alabama boosted its position in Willis Towers Watson by 48.6% during the third quarter. Retirement Systems of Alabama now owns 89,590 shares of the financial services provider’s stock worth $17,288,000 after purchasing an additional 29,319 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

In other Willis Towers Watson news, insider Joseph Gunn sold 3,214 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $185.59, for a total value of $596,486.26. Following the completion of the transaction, the insider now owns 18,436 shares of the company’s stock, valued at approximately $3,421,537.24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.75% of the company’s stock.

A number of equities analysts have recently commented on WLTW shares. ValuEngine lowered shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a research report on Tuesday. Barclays set a $235.00 target price on shares of Willis Towers Watson and gave the company a “buy” rating in a research note on Monday, August 12th. BidaskClub upgraded shares of Willis Towers Watson from a “sell” rating to a “hold” rating in a report on Thursday, November 28th. Morgan Stanley dropped their price objective on Willis Towers Watson from $215.00 to $209.00 and set an “overweight” rating on the stock in a research note on Thursday, August 15th. Finally, Wells Fargo & Co reissued a “buy” rating and set a $225.00 price objective on shares of Willis Towers Watson in a research report on Sunday, November 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $204.09.

NASDAQ:WLTW opened at $192.52 on Wednesday. The firm’s 50-day moving average is $188.89 and its 200-day moving average is $190.61. Willis Towers Watson PLC has a 52-week low of $144.13 and a 52-week high of $200.93. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $24.75 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 1.66 and a beta of 0.81.

Willis Towers Watson (NASDAQ:WLTW) last released its earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.01. Willis Towers Watson had a net margin of 10.07% and a return on equity of 13.01%. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter last year, the company earned $1.32 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Equities analysts predict that Willis Towers Watson PLC will post 10.92 EPS for the current year.

About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers 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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