Interval Partners LP Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Interval Partners LP decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 78.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,394 shares of the company's stock after selling 19,397 shares during the quarter. Interval Partners LP's holdings in Willis Towers Watson Public were worth $1,414,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. State Board of Administration of Florida Retirement System increased its position in shares of Willis Towers Watson Public by 6.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company's stock valued at $32,069,000 after acquiring an additional 7,404 shares during the period. M&G Plc purchased a new position in shares of Willis Towers Watson Public during the first quarter valued at about $12,318,000. Gillson Capital LP increased its position in shares of Willis Towers Watson Public by 27.3% during the fourth quarter. Gillson Capital LP now owns 253,591 shares of the company's stock valued at $61,166,000 after buying an additional 54,361 shares during the period. Bridgewater Associates LP increased its position in shares of Willis Towers Watson Public by 60.0% during the fourth quarter. Bridgewater Associates LP now owns 74,799 shares of the company's stock valued at $18,042,000 after buying an additional 28,046 shares during the period. Finally, Acadian Asset Management LLC increased its position in shares of Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company's stock valued at $114,765,000 after buying an additional 350,135 shares during the period. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Down 0.6 %

Shares of NASDAQ WTW traded down $1.64 during midday trading on Tuesday, hitting $289.21. The stock had a trading volume of 422,877 shares, compared to its average volume of 453,369. The business's 50 day moving average is $282.60 and its 200-day moving average is $268.71. The company has a market cap of $29.57 billion, a P/E ratio of 29.17, a PEG ratio of 1.52 and a beta of 0.74. Willis Towers Watson Public Limited has a 52 week low of $203.36 and a 52 week high of $296.45. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.05 earnings per share. As a group, analysts predict that Willis Towers Watson Public Limited will post 16.51 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Monday, September 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.22%. Willis Towers Watson Public's payout ratio is 35.31%.

Analysts Set New Price Targets

WTW has been the topic of several research analyst reports. Roth Mkm boosted their price target on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the company a "buy" rating in a research report on Friday, July 26th. Truist Financial boosted their price target on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the company a "buy" rating in a research report on Friday, July 26th. 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 price target on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 31st. Finally, Morgan Stanley dropped their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $298.73.

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.