Mutual of America Capital Management LLC Has $3.38 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mutual of America Capital Management LLC decreased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,894 shares of the company’s stock after selling 551 shares during the period. Mutual of America Capital Management LLC’s holdings in Willis Towers Watson Public were worth $3,380,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System raised its holdings in Willis Towers Watson Public by 6.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock valued at $32,069,000 after acquiring an additional 7,404 shares during the period. M&G Plc acquired a new stake in Willis Towers Watson Public during the 1st quarter worth approximately $12,318,000. Gillson Capital LP boosted its stake in 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 purchasing an additional 54,361 shares during the period. Bridgewater Associates LP grew 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 buying an additional 28,046 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in Willis Towers Watson Public by 520.3% during the 1st quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock worth $114,765,000 after buying an additional 350,135 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Up 0.9 %

Shares of NASDAQ WTW opened at $290.85 on Tuesday. 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 debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. Willis Towers Watson Public Limited has a 52-week low of $203.36 and a 52-week high of $296.45. The company has a market capitalization of $29.74 billion, a P/E ratio of 29.17, a price-to-earnings-growth ratio of 1.52 and a beta of 0.74.

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

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Monday, September 30th. Willis Towers Watson Public’s payout ratio is 35.31%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WTW shares. Morgan Stanley decreased their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Truist Financial increased their price target on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Barclays began coverage on 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. Finally, Wells Fargo & Company increased their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Hold” and an average price target of $298.73.

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.