Mather Group LLC. Makes New $136,000 Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mather Group LLC. bought a new position in Willis Towers Watson Public Limited (NASDAQ:WTW) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 495 shares of the company’s stock, valued at approximately $136,000.

A number of other institutional investors also recently modified their holdings of WTW. Exchange Traded Concepts LLC bought a new stake in shares of Willis Towers Watson Public during the fourth quarter worth approximately $29,000. Hexagon Capital Partners LLC grew its holdings in Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares during the period. HHM Wealth Advisors LLC acquired a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV grew its holdings in Willis Towers Watson Public by 112.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after purchasing an additional 106 shares during the period. Finally, Glassman Wealth Services acquired a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $49,000. 93.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WTW. Bank of America upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $272.00 to $304.00 in a report on Wednesday, May 22nd. Keefe, Bruyette & Woods reduced their price target on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Piper Sandler upped their price target on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Evercore ISI upped their price target 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. Finally, Raymond James reiterated an “outperform” rating and issued 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $296.14.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $259.94 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55. The firm’s fifty day moving average price is $255.75 and its two-hundred day moving average price is $257.62. Willis Towers Watson Public Limited has a 1 year low of $195.29 and a 1 year high of $278.86. The firm has a market capitalization of $26.58 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 1.45 and a beta of 0.75.

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

Willis Towers Watson Public Announces Dividend

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

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.