Diamond Hill Capital Management Inc. Purchases 7,924 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Diamond Hill Capital Management Inc. boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 11.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,858 shares of the company's stock after acquiring an additional 7,924 shares during the period. Diamond Hill Capital Management Inc. owned 0.07% of Willis Towers Watson Public worth $22,048,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. River Global Investors LLP increased its holdings in Willis Towers Watson Public by 3.4% during the 3rd quarter. River Global Investors LLP now owns 18,928 shares of the company's stock valued at $5,573,000 after purchasing an additional 629 shares during the period. Mesirow Financial Investment Management Inc. raised its holdings in shares of Willis Towers Watson Public by 105.4% during the third quarter. Mesirow Financial Investment Management Inc. now owns 7,902 shares of the company's stock valued at $2,328,000 after acquiring an additional 4,054 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in Willis Towers Watson Public during the 3rd quarter valued at approximately $370,000. Finally, Assetmark Inc. grew its position in shares of Willis Towers Watson Public by 1.2% in the 3rd quarter. Assetmark Inc. now owns 6,222 shares of the company's stock worth $1,833,000 after buying an additional 73 shares during the period. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

WTW has been the subject of several analyst reports. Jefferies Financial Group upped their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Roth Mkm raised their price objective on 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. Barclays initiated coverage on Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price objective for the company. Truist Financial boosted 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 note on Wednesday, October 2nd. Finally, Wells Fargo & Company increased their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $312.27.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock traded up $2.23 during trading on Tuesday, hitting $317.41. 595,981 shares of the stock were exchanged, compared to its average volume of 475,338. The stock's fifty day moving average is $294.68 and its 200 day moving average is $275.46. The stock has a market cap of $31.97 billion, a PE ratio of -43.29, a P/E/G ratio of 1.98 and a beta of 0.73. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $320.77. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its 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. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm had revenue of $2.29 billion during the quarter, compared to analysts' expectations of $2.28 billion. During the same period last year, the business earned $2.24 earnings per share. Willis Towers Watson Public's quarterly revenue was up 5.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.11%. Willis Towers Watson Public's dividend payout ratio (DPR) is -48.35%.

Willis Towers Watson Public 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.