Atria Investments Inc cut its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 7.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,053 shares of the company’s stock after selling 259 shares during the period. Atria Investments Inc’s holdings in Willis Towers Watson Public were worth $899,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Blair William & Co. IL grew its position in Willis Towers Watson Public by 2.5% during the first quarter. Blair William & Co. IL now owns 6,332 shares of the company’s stock worth $1,741,000 after buying an additional 155 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of Willis Towers Watson Public by 5.5% in the 1st quarter. Orion Portfolio Solutions LLC now owns 5,436 shares of the company’s stock worth $1,495,000 after acquiring an additional 284 shares during the period. Edgestream Partners L.P. increased its position in shares of Willis Towers Watson Public by 24.6% during the first quarter. Edgestream Partners L.P. now owns 1,651 shares of the company’s stock valued at $454,000 after purchasing an additional 326 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Willis Towers Watson Public by 21.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 3,072 shares of the company’s stock worth $845,000 after purchasing an additional 540 shares during the period. Finally, Seven Eight Capital LP acquired a new stake in Willis Towers Watson Public during the first quarter worth $808,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
WTW has been the subject of a number of analyst reports. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Truist Financial lifted their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Barclays assumed coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock. Finally, Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned 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 price target of $312.27.
Willis Towers Watson Public Stock Performance
WTW stock opened at $312.65 on Monday. The stock has a market capitalization of $31.49 billion, a PE ratio of -42.95, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73. 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 company has a 50 day moving average price of $296.49 and a 200 day moving average price of $277.08. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.24 earnings per share. Analysts forecast that Willis Towers Watson Public Limited will post 16.67 EPS for the current year.
Willis Towers Watson Public Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is -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.
See Also
- Five stocks we like better than Willis Towers Watson Public
- Stock Dividend Cuts Happen Are You Ready?
- Warren Buffett, Cathie Wood Own Nu Holdings, Should You?
- Investing in the High PE Growth Stocks
- MercadoLibre Down 23% After Missed Earnings: Time to Buy the Dip?
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report).
Receive News & Ratings for Willis Towers Watson Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public and related companies with MarketBeat.com's FREE daily email newsletter.