Willis Towers Watson Public Limited (NASDAQ:WTW) is Mizuho Securities USA LLC's 6th Largest Position

Mizuho Securities USA LLC boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 95,880.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,569,000 shares of the company's stock after acquiring an additional 7,561,114 shares during the quarter. Willis Towers Watson Public accounts for about 5.8% of Mizuho Securities USA LLC's holdings, making the stock its 6th biggest holding. Mizuho Securities USA LLC owned 7.51% of Willis Towers Watson Public worth $2,229,298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in Willis Towers Watson Public during the third quarter worth approximately $27,000. American National Bank acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $36,000. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public during the third quarter worth approximately $41,000. Beacon Capital Management LLC raised its holdings in Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company's stock worth $48,000 after purchasing an additional 101 shares in the last quarter. Finally, New Millennium Group LLC purchased a new position in shares of Willis Towers Watson Public during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

WTW stock traded down $2.15 during trading on Friday, hitting $312.65. The stock had a trading volume of 1,241,271 shares, compared to its average volume of 639,694. The company's 50 day moving average price is $296.49 and its two-hundred day moving average price is $276.90. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $320.77. The stock has a market cap of $31.49 billion, a price-to-earnings ratio of -42.95, a price-to-earnings-growth ratio of 1.97 and a beta of 0.73. 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 earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm 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 company posted $2.24 EPS. The firm'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 16.66 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Truist Financial raised their target price 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. Jefferies Financial Group raised their target price on shares of 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. Keefe, Bruyette & Woods raised their target price 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. Barclays assumed 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 target price on the stock. Finally, Wells Fargo & Company raised their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. One 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 presently has a consensus rating of "Hold" and an average target price 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.