AMG National Trust Bank lessened its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,634 shares of the company’s stock after selling 154 shares during the period. AMG National Trust Bank’s holdings in Willis Towers Watson Public were worth $3,721,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of WTW. Swedbank AB purchased a new position in Willis Towers Watson Public during the first quarter worth about $4,512,000. CANADA LIFE ASSURANCE Co increased its holdings in Willis Towers Watson Public by 2.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 115,262 shares of the company’s stock valued at $31,706,000 after purchasing an additional 3,021 shares during the last quarter. Diversified Trust Co raised its position in Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,863 shares during the period. AMF Tjanstepension AB lifted its stake in Willis Towers Watson Public by 6.6% during the second quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock worth $11,564,000 after purchasing an additional 2,744 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Willis Towers Watson Public by 4.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock worth $42,618,000 after buying an additional 6,118 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on WTW shares. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price for the company. Jefferies Financial Group boosted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Finally, 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. One equities research 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, the stock presently has an average rating of “Hold” and an average price target of $312.27.
Willis Towers Watson Public Trading Up 0.0 %
Shares of NASDAQ:WTW opened at $312.70 on Tuesday. The firm’s 50-day simple moving average is $296.49 and its 200-day simple moving average is $277.24. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the company earned $2.24 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 5.7% compared to the same quarter last year. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 16.67 EPS for the current year.
Willis Towers Watson Public Announces Dividend
The business also recently announced 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 annualized dividend and a yield of 1.13%. Willis Towers Watson Public’s payout ratio is currently -48.35%.
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.
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