Impax Asset Management Group plc Trims Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Impax Asset Management Group plc decreased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 10.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,064 shares of the company's stock after selling 3,188 shares during the quarter. Impax Asset Management Group plc's holdings in Willis Towers Watson Public were worth $7,677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WTW. OneDigital Investment Advisors LLC grew its position in Willis Towers Watson Public by 71.7% during the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after buying an additional 2,775 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Willis Towers Watson Public by 3.5% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,626 shares of the company's stock worth $773,000 after acquiring an additional 90 shares in the last quarter. Metis Global Partners LLC grew its position in shares of Willis Towers Watson Public by 2.6% during the 3rd quarter. Metis Global Partners LLC now owns 6,022 shares of the company's stock valued at $1,774,000 after acquiring an additional 155 shares during the period. KBC Group NV grew its position in shares of Willis Towers Watson Public by 11.5% during the 3rd quarter. KBC Group NV now owns 16,578 shares of the company's stock valued at $4,883,000 after acquiring an additional 1,707 shares during the period. Finally, Plato Investment Management Ltd purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $2,981,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 0.7 %

Shares of NASDAQ:WTW traded down $2.15 during trading on Friday, hitting $312.65. The company's stock had a trading volume of 1,241,271 shares, compared to its average volume of 639,694. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. The business has a 50 day moving average price of $296.49 and a two-hundred day moving average price of $276.90. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company has a market capitalization of $31.49 billion, a PE ratio of -42.95, a P/E/G ratio of 1.97 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.24 earnings per share. As a group, research analysts expect that Willis Towers Watson Public Limited will post 16.66 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

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

Analyst Upgrades and Downgrades

WTW has been the subject of a number of research analyst reports. Truist Financial upped their price objective 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. Roth Mkm raised their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th. Barclays started coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 target price for the company. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of "Hold" and a consensus price target of $312.27.

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.