Willis Towers Watson Public Limited Company $WTW Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. trimmed its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 6.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,338 shares of the company’s stock after selling 1,885 shares during the quarter. Capital Fund Management S.A.’s holdings in Willis Towers Watson Public were worth $10,135,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of WTW. Mackenzie Financial Corp raised its holdings in Willis Towers Watson Public by 50.6% in the third quarter. Mackenzie Financial Corp now owns 25,953 shares of the company’s stock valued at $8,965,000 after buying an additional 8,718 shares during the period. Legal & General Group Plc grew its stake in Willis Towers Watson Public by 3.0% during the third quarter. Legal & General Group Plc now owns 679,513 shares of the company’s stock worth $234,738,000 after buying an additional 19,515 shares during the period. Banque Cantonale Vaudoise grew its stake in Willis Towers Watson Public by 9.0% during the third quarter. Banque Cantonale Vaudoise now owns 9,064 shares of the company’s stock worth $3,131,000 after buying an additional 749 shares during the period. Schroder Investment Management Group increased its position in shares of Willis Towers Watson Public by 5.1% in the third quarter. Schroder Investment Management Group now owns 74,582 shares of the company’s stock worth $25,453,000 after acquiring an additional 3,605 shares in the last quarter. Finally, Jefferies Financial Group Inc. raised its stake in shares of Willis Towers Watson Public by 355.3% in the 3rd quarter. Jefferies Financial Group Inc. now owns 9,474 shares of the company’s stock valued at $3,273,000 after acquiring an additional 7,393 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

WTW opened at $286.63 on Friday. Willis Towers Watson Public Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79. The firm has a market cap of $27.10 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.29 and a beta of 0.62. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. The company has a fifty day simple moving average of $311.41 and a 200 day simple moving average of $323.10.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.19. The company had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $8.13 EPS. Equities research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.96 dividend. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.47%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on WTW shares. UBS Group lifted their target price on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a report on Monday, February 9th. Mizuho cut their price objective on Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Keefe, Bruyette & Woods boosted their price objective on Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Cantor Fitzgerald decreased their target price 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. Finally, Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $373.14.

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.