Vontobel Holding Ltd. Grows Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Vontobel Holding Ltd. grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,310 shares of the company’s stock after acquiring an additional 55 shares during the period. Vontobel Holding Ltd.’s holdings in Willis Towers Watson Public were worth $386,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Victory Capital Management Inc. grew its holdings in shares of Willis Towers Watson Public by 5.2% in the second quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company’s stock valued at $522,002,000 after purchasing an additional 98,922 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in 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 worth $453,123,000 after acquiring an additional 261,562 shares in the last quarter. Baupost Group LLC MA grew its holdings in Willis Towers Watson Public by 6.2% during the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock worth $433,225,000 after acquiring an additional 96,981 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Willis Towers Watson Public by 3.6% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company’s stock worth $294,246,000 after acquiring an additional 39,288 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in 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 acquiring an additional 185,126 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Up 0.4 %

Shares of Willis Towers Watson Public stock opened at $291.74 on Wednesday. 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 one year low of $203.36 and a one year high of $303.42. The company has a market cap of $29.63 billion, a P/E ratio of 27.92, a PEG ratio of 1.83 and a beta of 0.74. The firm has a fifty day moving average of $290.00 and a two-hundred day moving average of $271.53.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share 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 analysts’ expectations of $2.27 billion. During the same period in the prior year, the company posted $2.05 EPS. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts forecast that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid 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 dividend yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.68%.

Analyst Upgrades and Downgrades

Several research analysts have commented on WTW shares. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Jefferies Financial Group boosted their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Morgan Stanley lowered their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Finally, Truist Financial upped their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $309.47.

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.