Robeco Institutional Asset Management B.V. lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 10.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 109,103 shares of the company's stock after buying an additional 9,970 shares during the period. Robeco Institutional Asset Management B.V. owned 0.11% of Willis Towers Watson Public worth $32,134,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of WTW. Mirae Asset Global Investments Co. Ltd. lifted its stake in Willis Towers Watson Public by 11.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,862 shares of the company's stock valued at $4,087,000 after buying an additional 1,499 shares during the last quarter. Nordea Investment Management AB boosted its stake in Willis Towers Watson Public by 1.9% during the 1st quarter. Nordea Investment Management AB now owns 7,921 shares of the company's stock valued at $2,185,000 after purchasing an additional 150 shares during the period. GSA Capital Partners LLP bought a new position in Willis Towers Watson Public in the 1st quarter worth about $514,000. Richardson Financial Services Inc. acquired a new stake in shares of Willis Towers Watson Public in the first quarter valued at approximately $28,000. Finally, Csenge Advisory Group bought a new stake in shares of Willis Towers Watson Public during the first quarter valued at approximately $265,000. Institutional investors and hedge funds own 93.09% of the company's stock.
Willis Towers Watson Public Trading Up 3.0 %
Shares of WTW traded up $9.39 during midday trading on Wednesday, hitting $317.31. The stock had a trading volume of 931,891 shares, compared to its average volume of 473,294. Willis Towers Watson Public Limited has a fifty-two week low of $234.00 and a fifty-two week high of $320.10. The business has a 50-day simple moving average of $293.26 and a two-hundred day simple moving average of $274.26. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $31.96 billion, a P/E ratio of -43.59, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data 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 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 analyst estimates of $2.28 billion. During the same quarter last year, the business posted $2.24 EPS. The company's revenue was up 5.7% on a year-over-year basis. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.
Willis Towers Watson Public Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public's payout ratio is -48.35%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the company. Jefferies Financial Group increased their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a report on Tuesday. Truist Financial increased their price target 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. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Barclays began coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an "underweight" rating and a $278.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $312.27.
Get Our Latest Research Report on WTW
Willis Towers Watson Public Company Profile
(
Free Report)
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.
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