World Investment Advisors LLC acquired a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 135,807 shares of the company's stock, valued at approximately $39,999,000. Willis Towers Watson Public comprises 1.0% of World Investment Advisors LLC's investment portfolio, making the stock its 11th biggest holding. World Investment Advisors LLC owned approximately 0.13% of Willis Towers Watson Public at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in WTW. Graypoint LLC raised its stake in Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company's stock worth $215,000 after acquiring an additional 37 shares during the period. Fidelis Capital Partners LLC raised its stake in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company's stock worth $357,000 after buying an additional 37 shares in the last quarter. Glenmede Trust Co. NA boosted its position in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company's stock valued at $418,000 after purchasing an additional 42 shares in the last quarter. Creative Planning raised its holdings in shares of Willis Towers Watson Public by 0.3% in the 2nd quarter. Creative Planning now owns 13,147 shares of the company's stock worth $3,446,000 after purchasing an additional 43 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after purchasing an additional 43 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.
Willis Towers Watson Public Stock Down 0.5 %
WTW stock traded down $1.47 during trading hours on Thursday, hitting $308.37. The company's stock had a trading volume of 481,180 shares, compared to its average volume of 506,911. The company has a market capitalization of $31.06 billion, a PE ratio of -42.36, a price-to-earnings-growth ratio of 1.81 and a beta of 0.74. The stock has a 50 day moving average price of $305.72 and a two-hundred day moving average price of $285.05. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $334.99.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly 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 company had revenue of $2.29 billion during the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter in the previous year, the firm earned $2.24 earnings per share. The business's quarterly revenue was up 5.7% compared to the same quarter last year. On average, equities research analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.
Willis Towers Watson Public Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Tuesday, December 31st. Willis Towers Watson Public's payout ratio is -48.35%.
Analyst Ratings Changes
WTW has been the topic of several research reports. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. Truist Financial restated a "buy" rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $321.80.
Read 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.
Featured 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
Like this article? Share it with a colleague.
Link copied to clipboard.