Interval Partners LP Sells 19,397 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Interval Partners LP decreased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 78.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,394 shares of the company’s stock after selling 19,397 shares during the period. Interval Partners LP’s holdings in Willis Towers Watson Public were worth $1,414,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. State Board of Administration of Florida Retirement System raised its stake in Willis Towers Watson Public by 6.8% during 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 in the last quarter. M&G Plc bought a new position in Willis Towers Watson Public in the 1st quarter valued at approximately $12,318,000. Gillson Capital LP boosted its position in Willis Towers Watson Public by 27.3% in the fourth 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 in the last quarter. Bridgewater Associates LP grew its stake in shares of Willis Towers Watson Public by 60.0% during 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 increased its holdings in shares of 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 buying an additional 350,135 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $290.85 on Tuesday. The stock’s 50 day moving average price is $282.60 and its two-hundred day moving average price is $268.71. The stock has a market capitalization of $29.74 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 1.52 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 52-week low of $203.36 and a 52-week high of $296.45.

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

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis 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 (DPR) is currently 35.31%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Barclays initiated coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Truist Financial lifted their target price on shares of 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. Finally, Roth Mkm upped 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. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $298.73.

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.