Intech Investment Management LLC Increases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Intech Investment Management LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 28.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,414 shares of the company's stock after buying an additional 23,001 shares during the period. Intech Investment Management LLC owned about 0.10% of Willis Towers Watson Public worth $30,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Graypoint LLC raised its stake in 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 purchasing an additional 37 shares during the last quarter. Fidelis Capital Partners LLC raised its stake in 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 purchasing an additional 37 shares during the last quarter. Creative Planning raised 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 valued at $3,446,000 after purchasing an additional 43 shares during the last quarter. Farther Finance Advisors LLC raised 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 valued at $70,000 after purchasing an additional 43 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised 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 valued at $312,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $308.61 on Thursday. The business has a 50-day moving average of $297.18 and a 200 day moving average of $278.06. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $320.77. The stock has a market capitalization of $31.08 billion, a price-to-earnings ratio of -42.39, a price-to-earnings-growth ratio of 1.92 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analysts' expectations 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%. Willis Towers Watson Public's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the business posted $2.24 EPS. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public's payout ratio is presently -48.35%.

Analysts Set New Price Targets

A number of analysts have issued reports on WTW shares. Barclays started coverage on Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an "underweight" rating and a $278.00 target price for the company. UBS Group raised Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Jefferies Financial Group raised their target price on 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. Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. 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 price target of $312.27.

About Willis Towers Watson Public

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.

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