American International Group Inc. Has $6.56 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

American International Group Inc. cut its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,191 shares of the company’s stock after selling 664 shares during the period. American International Group Inc.’s holdings in Willis Towers Watson Public were worth $6,558,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Gillson Capital LP boosted its holdings in shares of Willis Towers Watson Public by 27.3% during the 4th quarter. Gillson Capital LP now owns 253,591 shares of the company’s stock worth $61,166,000 after buying an additional 54,361 shares during the period. BNP Paribas Financial Markets boosted its holdings in Willis Towers Watson Public by 12.5% in the 4th quarter. BNP Paribas Financial Markets now owns 114,487 shares of the company’s stock valued at $27,614,000 after purchasing an additional 12,678 shares during the period. Bridgewater Associates LP boosted its holdings in Willis Towers Watson Public by 60.0% in the 4th quarter. Bridgewater Associates LP now owns 74,799 shares of the company’s stock valued at $18,042,000 after purchasing an additional 28,046 shares during the period. Trexquant Investment LP bought a new stake in Willis Towers Watson Public in the 4th quarter valued at about $4,455,000. Finally, Fidelis Capital Partners LLC boosted its holdings in Willis Towers Watson Public by 11.2% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,098 shares of the company’s stock valued at $265,000 after purchasing an additional 111 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of recent research reports. Evercore ISI boosted their price objective on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a report on Friday, April 26th. Citigroup cut their price objective on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a report on Monday, April 29th. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $317.00 to $318.00 and gave the company an “overweight” rating in a report on Thursday. Bank of America raised shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $272.00 to $304.00 in a report on Wednesday, May 22nd. Finally, Raymond James reaffirmed an “outperform” rating and set a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $296.14.

Willis Towers Watson Public Trading Up 1.7 %

NASDAQ:WTW opened at $259.94 on Friday. The firm’s fifty day moving average is $255.75 and its 200-day moving average is $257.62. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89. Willis Towers Watson Public Limited has a 52 week low of $195.29 and a 52 week high of $278.86. The firm has a market cap of $26.58 billion, a P/E ratio of 26.07, a P/E/G ratio of 1.45 and a beta of 0.75.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the firm posted $2.84 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Equities analysts expect that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.35%. The ex-dividend date is Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

Willis Towers Watson Public Company 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.