Bleakley Financial Group LLC Purchases 47 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Bleakley Financial Group LLC boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,475 shares of the company’s stock after purchasing an additional 47 shares during the quarter. Bleakley Financial Group LLC’s holdings in Willis Towers Watson Public were worth $729,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Acadian Asset Management LLC raised its position in shares of Willis Towers Watson Public by 520.3% in the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after buying an additional 350,135 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after acquiring an additional 261,562 shares during the period. American Century Companies Inc. grew its holdings in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares in the last quarter. Point72 Asset Management L.P. increased its position in shares of Willis Towers Watson Public by 456.5% in the second quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock worth $52,006,000 after purchasing an additional 162,741 shares during the period. Finally, Hsbc Holdings PLC raised its stake in Willis Towers Watson Public by 161.4% in the second quarter. Hsbc Holdings PLC now owns 190,101 shares of the company’s stock valued at $50,032,000 after purchasing an additional 117,372 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Price Performance

WTW opened at $290.50 on Tuesday. The firm has a market cap of $29.50 billion, a P/E ratio of 27.80, a PEG ratio of 1.83 and a beta of 0.74. 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 fifty-two week low of $203.36 and a fifty-two week high of $303.42. The firm has a 50-day moving average of $289.66 and a 200 day moving average of $271.39.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. Willis Towers Watson Public’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.05 EPS. On average, research analysts expect that Willis Towers Watson Public Limited will post 16.49 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio is 33.68%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WTW shares. Jefferies Financial Group boosted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm lifted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an “overweight” rating in a research report on Thursday, October 3rd. Finally, Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $309.47.

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.