Willis Towers Watson Public Limited Company $WTW Shares Bought by Strs Ohio

Strs Ohio grew its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 76.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 15,839 shares of the company’s stock after buying an additional 6,850 shares during the quarter. Strs Ohio’s holdings in Willis Towers Watson Public were worth $5,472,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WTW. Quadcap Wealth Management LLC lifted its holdings in Willis Towers Watson Public by 4.8% in the second quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock valued at $229,000 after acquiring an additional 34 shares during the period. Wedmont Private Capital increased its holdings in shares of Willis Towers Watson Public by 3.8% in the 3rd quarter. Wedmont Private Capital now owns 919 shares of the company’s stock valued at $322,000 after purchasing an additional 34 shares in the last quarter. World Investment Advisors lifted its stake in shares of Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock valued at $269,000 after purchasing an additional 35 shares during the period. Ethic Inc. boosted its holdings in Willis Towers Watson Public by 0.3% during the third quarter. Ethic Inc. now owns 14,050 shares of the company’s stock worth $4,853,000 after buying an additional 36 shares in the last quarter. Finally, Gateway Investment Advisers LLC grew its position in Willis Towers Watson Public by 1.7% during the third quarter. Gateway Investment Advisers LLC now owns 2,284 shares of the company’s stock worth $789,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $322.00 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market cap of $30.83 billion, a PE ratio of 15.33, a P/E/G ratio of 1.55 and a beta of 0.63. The firm has a 50 day simple moving average of $325.80 and a 200-day simple moving average of $326.86. Willis Towers Watson Public Limited Company has a 1-year low of $292.97 and a 1-year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a net margin of 21.58% and a return on equity of 21.46%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the company earned $2.93 EPS. Willis Towers Watson Public’s revenue for the quarter was up .0% on a year-over-year basis. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 17.52%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Mizuho started coverage on Willis Towers Watson Public in a research note on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price target on the stock. Barclays boosted their target price on Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a research report on Thursday, January 8th. Cantor Fitzgerald dropped their price target on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Piper Sandler decreased their price objective on shares of Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $356.00 to $366.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $369.08.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.