Leeward Investments LLC MA lowered its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 20.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,050 shares of the company's stock after selling 11,142 shares during the quarter. Leeward Investments LLC MA's holdings in Willis Towers Watson Public were worth $12,680,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. Graypoint LLC lifted its holdings in shares of Willis Towers Watson Public by 9.6% in the 3rd quarter. Graypoint LLC now owns 899 shares of the company's stock worth $265,000 after acquiring an additional 79 shares during the last quarter. M&G PLC lifted its stake in Willis Towers Watson Public by 7.5% during the third quarter. M&G PLC now owns 49,002 shares of the company's stock worth $14,456,000 after purchasing an additional 3,406 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Willis Towers Watson Public by 13.6% during the third quarter. Concurrent Investment Advisors LLC now owns 1,067 shares of the company's stock worth $314,000 after buying an additional 128 shares during the period. Callahan Advisors LLC grew its stake in shares of Willis Towers Watson Public by 4.1% in the third quarter. Callahan Advisors LLC now owns 14,392 shares of the company's stock valued at $4,239,000 after buying an additional 571 shares in the last quarter. Finally, River Road Asset Management LLC raised its holdings in shares of Willis Towers Watson Public by 7.1% in the 3rd quarter. River Road Asset Management LLC now owns 287,650 shares of the company's stock valued at $84,722,000 after buying an additional 18,959 shares during the period. Institutional investors and hedge funds own 93.09% of the company's stock.
Analyst Ratings Changes
Several brokerages recently weighed in on WTW. UBS Group raised shares of Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Wells Fargo & Company lifted their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a report on Monday. Barclays initiated coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price target on the stock. Jefferies Financial Group boosted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods raised their target price 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of "Hold" and an average target price of $312.27.
Get Our Latest Stock Report on Willis Towers Watson Public
Willis Towers Watson Public Price Performance
WTW stock traded down $1.41 during trading on Thursday, hitting $315.90. The stock had a trading volume of 643,989 shares, compared to its average volume of 474,806. Willis Towers Watson Public Limited has a 1-year low of $234.00 and a 1-year high of $320.10. The stock has a market cap of $31.82 billion, a price-to-earnings ratio of -43.39, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The company's 50 day moving average price is $293.74 and its two-hundred day moving average price is $274.54. 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 announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the business earned $2.24 earnings per share. The business's revenue for the quarter was up 5.7% on a year-over-year basis. On average, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.64 EPS for the current fiscal year.
Willis Towers Watson Public Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public's dividend payout ratio (DPR) is -48.35%.
Willis Towers Watson Public Profile
(
Free Report)
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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