Mesirow Financial Investment Management Inc. Purchases 4,054 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Mesirow Financial Investment Management Inc. boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 105.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,902 shares of the company's stock after purchasing an additional 4,054 shares during the quarter. Mesirow Financial Investment Management Inc.'s holdings in Willis Towers Watson Public were worth $2,328,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sheets Smith Wealth Management bought a new position in shares of Willis Towers Watson Public in the third quarter worth about $370,000. Assetmark Inc. lifted its holdings in shares of Willis Towers Watson Public by 1.2% in the third quarter. Assetmark Inc. now owns 6,222 shares of the company's stock worth $1,833,000 after acquiring an additional 73 shares during the last quarter. First Fiduciary Investment Counsel Inc. lifted its holdings in shares of Willis Towers Watson Public by 1.7% in the third quarter. First Fiduciary Investment Counsel Inc. now owns 44,402 shares of the company's stock worth $13,078,000 after acquiring an additional 762 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $27,000. Finally, Principal Financial Group Inc. raised its holdings in Willis Towers Watson Public by 6.9% in the 3rd quarter. Principal Financial Group Inc. now owns 128,273 shares of the company's stock valued at $37,780,000 after buying an additional 8,228 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WTW. Truist Financial increased their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Roth Mkm raised their price objective 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. Barclays began 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 objective for the company. Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. Finally, Wells Fargo & Company lifted 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 investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $312.27.

Willis Towers Watson Public Trading Down 0.4 %

WTW stock traded down $1.12 during midday trading on Monday, hitting $315.18. The company had a trading volume of 584,760 shares, compared to its average volume of 475,862. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $320.77. The stock's 50 day moving average price is $294.22 and its 200 day moving average price is $275.05. The stock has a market cap of $31.75 billion, a price-to-earnings ratio of -43.59, a PEG ratio of 1.98 and a beta of 0.73.

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 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 firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.24 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.64 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.88 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.12%. Willis Towers Watson Public's dividend payout ratio is currently -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.