Blair William & Co. IL Raises Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Blair William & Co. IL increased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,595 shares of the company’s stock after buying an additional 263 shares during the quarter. Blair William & Co. IL’s holdings in Willis Towers Watson Public were worth $1,729,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. State Board of Administration of Florida Retirement System increased its stake in shares of Willis Towers Watson Public by 6.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after acquiring an additional 7,404 shares during the period. M&G Plc purchased a new position in shares of Willis Towers Watson Public during the 1st quarter valued at about $12,318,000. Gillson Capital LP lifted its holdings in shares of Willis Towers Watson Public by 27.3% in the 4th quarter. Gillson Capital LP now owns 253,591 shares of the company’s stock valued at $61,166,000 after buying an additional 54,361 shares during the period. Bridgewater Associates LP boosted its stake in shares of Willis Towers Watson Public by 60.0% in the fourth quarter. Bridgewater Associates LP now owns 74,799 shares of the company’s stock worth $18,042,000 after buying an additional 28,046 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock worth $114,765,000 after acquiring an additional 350,135 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $290.85 on Tuesday. The company has a market cap of $29.74 billion, a P/E ratio of 29.17, a P/E/G ratio of 1.52 and a beta of 0.74. Willis Towers Watson Public Limited has a twelve month low of $203.36 and a twelve month high of $296.45. The company’s 50-day moving average price is $282.60 and its 200-day moving average price is $268.71. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56.

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

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Monday, September 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

Wall Street Analyst Weigh In

WTW has been the topic of a number of analyst reports. Roth Mkm raised their price objective on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Barclays started 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 objective for the company. Wells Fargo & Company raised their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Morgan Stanley cut their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Finally, Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $298.73.

Willis Towers Watson Public 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.