GAMMA Investing LLC Increases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

GAMMA Investing LLC grew its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 63.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,000 shares of the company’s stock after purchasing an additional 773 shares during the period. GAMMA Investing LLC’s holdings in Willis Towers Watson Public were worth $589,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Richardson Financial Services Inc. purchased a new stake in Willis Towers Watson Public during the 1st quarter worth approximately $28,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public in the second quarter valued at $36,000. Beacon Capital Management LLC boosted its holdings in Willis Towers Watson Public by 136.5% in the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the period. New Millennium Group LLC purchased a new position in Willis Towers Watson Public in the second quarter valued at $54,000. Finally, LRI Investments LLC acquired a new position in Willis Towers Watson Public during the 1st quarter worth $58,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 1.7 %

NASDAQ:WTW opened at $292.94 on Wednesday. The company has a market capitalization of $29.75 billion, a PE ratio of 29.38, a P/E/G ratio of 1.84 and a beta of 0.74. Willis Towers Watson Public Limited has a 52-week low of $203.36 and a 52-week high of $303.42. The stock’s 50 day moving average price is $287.07 and its 200 day moving average price is $270.02. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (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 for the quarter, compared to analyst estimates of $2.27 billion. During the same period last year, the firm posted $2.05 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 16.51 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.20%. Willis Towers Watson Public’s payout ratio is 35.31%.

Analysts Set New Price Targets

WTW has been the subject of several recent research reports. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $321.00 to $334.00 and gave the company an “overweight” rating in a research note on Thursday, October 3rd. Roth Mkm lifted 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 research note on Wednesday, October 2nd. Truist Financial increased their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of 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. Finally, Morgan Stanley dropped their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $309.14.

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.