M&G Plc Purchases 3,406 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

M&G PLC lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 7.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 49,002 shares of the company's stock after acquiring an additional 3,406 shares during the period. M&G PLC's holdings in Willis Towers Watson Public were worth $14,456,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. American National Bank acquired a new stake in shares of Willis Towers Watson Public in the 2nd quarter valued at $36,000. Beacon Capital Management LLC raised its holdings in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company's stock worth $48,000 after purchasing an additional 101 shares during the last quarter. New Millennium Group LLC acquired a new position in Willis Towers Watson Public during the 2nd quarter valued at about $54,000. LRI Investments LLC acquired a new position in Willis Towers Watson Public during the 1st quarter valued at about $58,000. Finally, Heritage Wealth Advisors grew its position in shares of Willis Towers Watson Public by 44.3% during the 1st quarter. Heritage Wealth Advisors now owns 241 shares of the company's stock worth $66,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on WTW. Jefferies Financial Group raised their price objective on shares of 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. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research note on Monday. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a research note on Tuesday. Finally, Roth Mkm lifted 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 note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $312.27.

Willis Towers Watson Public Stock Up 0.1 %

Shares of NASDAQ WTW traded up $0.40 during mid-day trading on Friday, hitting $316.30. The company had a trading volume of 581,941 shares, compared to its average volume of 475,299. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a 50-day simple moving average of $294.22 and a two-hundred day simple moving average of $274.90. The company has a market capitalization of $31.86 billion, a PE ratio of -43.45, a price-to-earnings-growth ratio of 1.98 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $234.01 and a one year high of $320.45.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.24 EPS. On average, equities analysts expect that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Monday, September 30th. 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.