Pacer Advisors Inc. Sells 2,417 Shares of Willis Towers Watson Public Limited Company $WTW

Pacer Advisors Inc. reduced its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 22.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,206 shares of the company’s stock after selling 2,417 shares during the quarter. Pacer Advisors Inc.’s holdings in Willis Towers Watson Public were worth $2,385,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Dodge & Cox grew its stake in shares of Willis Towers Watson Public by 90.7% during the fourth quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock valued at $2,275,728,000 after buying an additional 3,293,334 shares during the last quarter. Norges Bank bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth approximately $511,151,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth approximately $284,570,000. Bank of Montreal Can boosted its holdings in Willis Towers Watson Public by 657.3% during the 4th quarter. Bank of Montreal Can now owns 941,637 shares of the company’s stock valued at $309,422,000 after acquiring an additional 817,301 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in Willis Towers Watson Public by 23.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after acquiring an additional 664,202 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 1.4%

Shares of NASDAQ WTW opened at $344.82 on Friday. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79. The firm has a market cap of $32.02 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 0.98 and a beta of 0.42. The business has a fifty day simple moving average of $284.46 and a two-hundred day simple moving average of $287.34. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.42 billion. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.86 EPS. Analysts expect that Willis Towers Watson Public Limited Company will post 19.8 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.96 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is 23.62%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. The Goldman Sachs Group boosted their target price on shares of Willis Towers Watson Public from $316.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Mizuho raised their price target on shares of Willis Towers Watson Public from $338.00 to $361.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. UBS Group lifted their price objective on shares of Willis Towers Watson Public from $382.00 to $405.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, Bank of America lowered their price objective on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $363.50.

Willis Towers Watson Public Profile

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.