Willis Towers Watson Public Limited (NASDAQ:WTW) Stock Holdings Increased by Diversified Trust Co

Diversified Trust Co lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 314.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,853 shares of the company’s stock after purchasing an additional 3,683 shares during the quarter. Diversified Trust Co’s holdings in Willis Towers Watson Public were worth $1,335,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new position in Willis Towers Watson Public in the 4th quarter valued at about $29,000. Hexagon Capital Partners LLC boosted its holdings in shares of Willis Towers Watson Public by 168.8% in the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after acquiring an additional 81 shares in the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV increased its stake in shares of 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 acquiring an additional 106 shares during the period. Finally, Glassman Wealth Services bought a new stake in Willis Towers Watson Public during the fourth quarter worth approximately $49,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $259.42 on Tuesday. The company has a market capitalization of $26.52 billion, a price-to-earnings ratio of 26.02, a P/E/G ratio of 1.49 and a beta of 0.73. Willis Towers Watson Public Limited has a 1-year low of $195.29 and a 1-year high of $278.86. 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 stock’s fifty day simple moving average is $256.01 and its 200-day simple moving average is $258.78.

Willis Towers Watson Public (NASDAQ:WTW) last issued 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. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.84 EPS. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WTW. Bank of America upgraded Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $272.00 to $304.00 in a research report on Wednesday, May 22nd. Raymond James reaffirmed an “outperform” rating and set a $315.00 target price (up from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Citigroup cut their price target 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. Keefe, Bruyette & Woods reduced their price objective on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a research report on Monday, May 6th. Finally, Evercore ISI boosted their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a report on Friday, April 26th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average price target of $296.14.

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.