Farther Finance Advisors LLC Acquires 43 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Farther Finance Advisors LLC boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 22.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 237 shares of the company’s stock after buying an additional 43 shares during the period. Farther Finance Advisors LLC’s holdings in Willis Towers Watson Public were worth $70,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter valued at about $36,000. Beacon Capital Management LLC boosted its holdings in shares of Willis Towers Watson Public by 136.5% in 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. New Millennium Group LLC purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $54,000. LRI Investments LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth approximately $58,000. Finally, Massmutual Trust Co. FSB ADV boosted its stake in Willis Towers Watson Public by 33.6% in the second quarter. Massmutual Trust Co. FSB ADV now owns 302 shares of the company’s stock valued at $79,000 after acquiring an additional 76 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $317.41 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a market capitalization of $31.97 billion, a price-to-earnings ratio of -43.29, a PEG ratio of 1.98 and a beta of 0.73. The firm’s 50 day simple moving average is $294.68 and its 200-day simple moving average is $275.46. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the business earned $2.24 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. Analysts expect that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price target on the stock. Jefferies Financial Group upped their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Finally, Roth Mkm raised their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public has an average rating of “Hold” and a consensus target price of $312.27.

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.