Willis Towers Watson Public Limited (NASDAQ:WTW) is Ceredex Value Advisors LLC's 9th Largest Position

Ceredex Value Advisors LLC cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 15.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 322,869 shares of the company's stock after selling 61,194 shares during the quarter. Willis Towers Watson Public makes up about 1.9% of Ceredex Value Advisors LLC's holdings, making the stock its 9th biggest holding. Ceredex Value Advisors LLC owned 0.32% of Willis Towers Watson Public worth $95,379,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Richardson Financial Services Inc. bought a new stake in Willis Towers Watson Public in the first quarter worth $28,000. American National Bank bought a new position in Willis Towers Watson Public in the 2nd quarter worth about $36,000. Beacon Capital Management LLC grew its position 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 valued at $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 2nd quarter valued at about $54,000. Finally, LRI Investments LLC purchased a new position in Willis Towers Watson Public in the first quarter worth about $58,000. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Barclays began coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an "underweight" rating and a $278.00 target price for the company. Morgan Stanley lowered their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 10th. Truist Financial lifted their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a report on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an "outperform" rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Hold" and an average target price of $309.47.

Willis Towers Watson Public Stock Performance

WTW traded down $2.89 during trading on Friday, hitting $299.30. The company's stock had a trading volume of 710,112 shares, compared to its average volume of 540,174. The business's 50 day simple moving average is $291.95 and its 200-day simple moving average is $273.27. The firm has a market cap of $30.40 billion, a PE ratio of -41.11, a P/E/G ratio of 1.90 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $232.77 and a one year high of $308.87. The company has a quick ratio of 1.94, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.28 billion. During the same period last year, the firm earned $2.24 EPS. Willis Towers Watson Public's revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.55 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public's payout ratio is -48.35%.

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.