Allspring Global Investments Holdings LLC Acquires 104,106 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Allspring Global Investments Holdings LLC boosted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 409.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 129,538 shares of the company's stock after buying an additional 104,106 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.13% of Willis Towers Watson Public worth $38,153,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. bought a new stake in Willis Towers Watson Public during the first quarter valued at $28,000. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter worth about $36,000. Beacon Capital Management LLC lifted its stake 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 during the last quarter. New Millennium Group LLC bought a new stake in Willis Towers Watson Public during the second quarter worth about $54,000. Finally, LRI Investments LLC bought a new stake in Willis Towers Watson Public during the first quarter worth about $58,000. Institutional investors own 93.09% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group boosted their target price on 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. Truist Financial boosted their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Morgan Stanley lowered their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 10th. UBS Group raised Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company boosted their price target on Willis Towers Watson Public from $321.00 to $334.00 and gave the company an "overweight" rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of "Hold" and a consensus price target of $309.47.

Willis Towers Watson Public Stock Up 0.1 %

Shares of Willis Towers Watson Public stock traded up $0.18 during midday trading on Wednesday, hitting $291.92. The company had a trading volume of 545,330 shares, compared to its average volume of 463,388. 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 stock has a market capitalization of $29.84 billion, a P/E ratio of 29.28, a P/E/G ratio of 1.83 and a beta of 0.74. The company has a 50 day moving average of $290.24 and a 200 day moving average of $271.68. Willis Towers Watson Public Limited has a 52-week low of $204.18 and a 52-week high of $303.42.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.05 EPS. On average, equities analysts predict that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.21%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently 35.31%.

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.