Healthcare of Ontario Pension Plan Trust Fund Increases Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Healthcare of Ontario Pension Plan Trust Fund lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 110.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,000 shares of the company's stock after buying an additional 11,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Willis Towers Watson Public were worth $5,505,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in Willis Towers Watson Public during the second quarter valued at $895,000. Cetera Investment Advisers boosted its position in shares of Willis Towers Watson Public by 8.5% during the 2nd quarter. Cetera Investment Advisers now owns 7,691 shares of the company's stock valued at $2,016,000 after acquiring an additional 600 shares during the last quarter. 3Chopt Investment Partners LLC bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at about $581,000. Truist Financial Corp grew its holdings in shares of Willis Towers Watson Public by 0.9% during the second quarter. Truist Financial Corp now owns 11,479 shares of the company's stock worth $3,009,000 after purchasing an additional 100 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its position in shares of Willis Towers Watson Public by 31.3% in the second quarter. EP Wealth Advisors LLC now owns 1,262 shares of the company's stock worth $331,000 after purchasing an additional 301 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Up 0.0 %

Shares of NASDAQ WTW traded up $0.10 during mid-day trading on Friday, hitting $290.69. The stock had a trading volume of 712,667 shares, compared to its average volume of 461,318. The business has a 50 day moving average price of $286.89 and a two-hundred day moving average price of $269.92. Willis Towers Watson Public Limited has a 1 year low of $203.36 and a 1 year high of $303.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. The firm has a market cap of $29.52 billion, a P/E ratio of 29.16, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.28 by $0.27. The firm had revenue of $2.27 billion for the quarter, compared to analysts' expectations of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.05 earnings per share. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.52 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.21%. Willis Towers Watson Public's dividend payout ratio is currently 35.31%.

Wall Street Analyst Weigh In

WTW has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the company an "overweight" rating in a research report on Thursday. Barclays started coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price objective for the company. Roth Mkm increased their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday. Truist Financial lifted their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an "outperform" rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $303.60.

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.