Crossmark Global Holdings Inc. Trims Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Crossmark Global Holdings Inc. lowered its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,954 shares of the company’s stock after selling 615 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Willis Towers Watson Public were worth $1,459,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public during the third quarter worth $27,000. American National Bank acquired a new stake in Willis Towers Watson Public in the 2nd quarter worth about $36,000. Beacon Capital Management LLC grew its holdings in Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after buying an additional 101 shares during the period. New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter valued at about $54,000. Finally, LRI Investments LLC purchased a new position in shares of Willis Towers Watson Public during the 1st quarter worth about $58,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 0.2 %

NASDAQ WTW opened at $316.88 on Thursday. The stock has a market cap of $31.92 billion, a P/E ratio of -43.53, a PEG ratio of 1.98 and a beta of 0.73. The company’s fifty day simple moving average is $295.19 and its 200-day simple moving average is $275.93. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.24 EPS. Equities research analysts predict that Willis Towers Watson Public Limited will post 16.66 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of recent analyst reports. Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods upped their price objective 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. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company upped their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Finally, 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 research note on Wednesday, October 2nd. One 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $312.27.

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.