Clarkston Capital Partners LLC Cuts Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Clarkston Capital Partners LLC trimmed its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 1.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,868 shares of the company's stock after selling 8,450 shares during the period. Willis Towers Watson Public comprises about 2.8% of Clarkston Capital Partners LLC's portfolio, making the stock its 13th largest position. Clarkston Capital Partners LLC owned approximately 0.52% of Willis Towers Watson Public worth $154,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WTW. Graypoint LLC boosted its holdings in shares of Willis Towers Watson Public by 4.7% in the 2nd quarter. Graypoint LLC now owns 820 shares of the company's stock valued at $215,000 after buying an additional 37 shares in the last quarter. Fidelis Capital Partners LLC boosted its holdings in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company's stock valued at $357,000 after buying an additional 37 shares in the last quarter. Creative Planning boosted its stake in Willis Towers Watson Public by 0.3% in the 2nd quarter. Creative Planning now owns 13,147 shares of the company's stock worth $3,446,000 after purchasing an additional 43 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after purchasing an additional 43 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in Willis Towers Watson Public by 4.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company's stock worth $312,000 after purchasing an additional 47 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW traded up $0.05 during trading on Monday, hitting $312.70. 576,609 shares of the stock traded hands, compared to its average volume of 483,108. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $31.50 billion, a price-to-earnings ratio of -42.95, a P/E/G ratio of 1.95 and a beta of 0.73. The company has a fifty day moving average price of $296.49 and a two-hundred day moving average price of $277.24. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.24 EPS. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 16.67 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.13%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -48.35%.

Analysts Set New Price Targets

WTW has been the subject of a number of recent analyst reports. Wells Fargo & Company lifted their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Jefferies Financial Group lifted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. Barclays started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price target for the company. Truist Financial raised their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Finally, Roth Mkm raised their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $312.27.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.