Wilmington Savings Fund Society FSB acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,138 shares of the company's stock, valued at approximately $630,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its stake in Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after buying an additional 7,561,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Willis Towers Watson Public by 277.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company's stock valued at $248,706,000 after acquiring an additional 620,926 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its position in shares of Willis Towers Watson Public by 47,515.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company's stock worth $147,255,000 after purchasing an additional 498,915 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Willis Towers Watson Public by 17.8% in the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company's stock valued at $453,123,000 after acquiring an additional 261,562 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Willis Towers Watson Public by 53.0% during the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company's stock worth $167,352,000 after purchasing an additional 221,108 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.
Willis Towers Watson Public Trading Up 0.6 %
Willis Towers Watson Public stock traded up $1.76 during trading hours on Monday, reaching $313.15. The stock had a trading volume of 697,171 shares, compared to its average volume of 508,985. Willis Towers Watson Public Limited has a 52 week low of $234.88 and a 52 week high of $334.99. The stock has a market cap of $31.54 billion, a PE ratio of -42.77, a PEG ratio of 1.83 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The company has a fifty day simple moving average of $306.49 and a 200-day simple moving average of $286.11.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share 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 business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the firm earned $2.24 EPS. Willis Towers Watson Public's revenue was up 5.7% on a year-over-year basis. Analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.
Willis Towers Watson Public Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.88 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.12%. Willis Towers Watson Public's dividend payout ratio is presently -48.35%.
Analyst Ratings Changes
A number of analysts have recently issued reports on WTW shares. Jefferies Financial Group lifted their price objective on shares of 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 restated a "buy" rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an "outperform" rating in a research note on Wednesday, December 4th. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Finally, Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and an average price target of $321.80.
View Our Latest Analysis on Willis Towers Watson Public
Willis Towers Watson Public 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.
Recommended Stories
Before you consider Willis Towers Watson Public, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Willis Towers Watson Public wasn't on the list.
While Willis Towers Watson Public currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.