Caprock Group LLC Purchases 144 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Caprock Group LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 16.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,025 shares of the company’s stock after acquiring an additional 144 shares during the quarter. Caprock Group LLC’s holdings in Willis Towers Watson Public were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Richardson Financial Services Inc. bought a new stake in Willis Towers Watson Public during the 1st quarter valued at about $28,000. American National Bank bought a new stake in Willis Towers Watson Public during the 2nd quarter valued at about $36,000. Beacon Capital Management LLC lifted its holdings in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after buying an additional 101 shares in the last quarter. Glassman Wealth Services bought a new stake in Willis Towers Watson Public during the 4th quarter valued at about $49,000. Finally, New Millennium Group LLC bought a new stake in Willis Towers Watson Public during the 2nd quarter valued at about $54,000. Institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on WTW. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Morgan Stanley decreased their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Bank of America upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $272.00 to $304.00 in a report on Wednesday, May 22nd. Finally, Barclays initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target for the company. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of “Hold” and a consensus target price of $298.73.

Willis Towers Watson Public Stock Up 0.4 %

Shares of Willis Towers Watson Public stock opened at $290.70 on Friday. The firm’s 50 day moving average price is $278.95 and its 200-day moving average price is $268.03. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a 52-week low of $202.72 and a 52-week high of $296.45. The company has a market cap of $29.52 billion, a P/E ratio of 29.16, a PEG ratio of 1.49 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.27. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, September 30th. 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.