Polianta Ltd Buys Shares of 6,500 Willis Towers Watson Public Limited Company $WTW

Polianta Ltd purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,500 shares of the company’s stock, valued at approximately $1,698,000.

Other hedge funds have also recently made changes to their positions in the company. Czech National Bank lifted its position in Willis Towers Watson Public by 3.8% during the second quarter. Czech National Bank now owns 26,884 shares of the company’s stock valued at $7,027,000 after purchasing an additional 989 shares during the period. Evanson Financial LLC bought a new stake in Willis Towers Watson Public in the 2nd quarter worth approximately $307,000. CX Institutional grew its position in Willis Towers Watson Public by 60.9% in the 2nd quarter. CX Institutional now owns 1,500 shares of the company’s stock worth $392,000 after purchasing an additional 568 shares during the period. NewEdge Advisors LLC raised its stake in Willis Towers Watson Public by 74.1% during the 1st quarter. NewEdge Advisors LLC now owns 6,299 shares of the company’s stock valued at $1,831,000 after buying an additional 2,682 shares during the last quarter. Finally, Carlson Capital L.P. bought a new position in shares of Willis Towers Watson Public during the 1st quarter valued at $320,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $344.82 on Friday. Willis Towers Watson Public Limited Company has a 12 month low of $240.61 and a 12 month high of $352.79. The stock has a market cap of $32.02 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 0.99 and a beta of 0.42. The company’s 50 day moving average is $284.46 and its two-hundred day moving average is $287.34. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data 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 firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.42 billion. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.86 earnings per share. As a group, research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.8 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.96 per share. 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 (DPR) is currently 23.62%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WTW shares. Citigroup restated a “neutral” rating and issued a $345.00 price target (up from $300.00) on shares of Willis Towers Watson Public in a research note on Monday, August 3rd. Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings cut Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Bank of America reduced their price target 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. Finally, Mizuho raised their price objective on shares of Willis Towers Watson Public from $338.00 to $361.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $363.50.

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.