New South Capital Management Inc. Has $36.19 Million Position in Willis Towers Watson Public Limited Company $WTW

New South Capital Management Inc. cut its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,748 shares of the company’s stock after selling 2,060 shares during the quarter. Willis Towers Watson Public accounts for about 1.6% of New South Capital Management Inc.’s holdings, making the stock its 24th biggest holding. New South Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $36,185,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alpine Bank Wealth Management acquired a new position in shares of Willis Towers Watson Public in the third quarter valued at approximately $25,000. SOA Wealth Advisors LLC. raised its stake in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after acquiring an additional 82 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Willis Towers Watson Public during the third quarter worth $34,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Willis Towers Watson Public in the second quarter worth $39,000. Finally, Motco increased its holdings in Willis Towers Watson Public by 1,933.3% in the third quarter. Motco now owns 122 shares of the company’s stock valued at $42,000 after purchasing an additional 116 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Citigroup upped their price target on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Mizuho began coverage on shares of Willis Towers Watson Public in a report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price target for the company. Cantor Fitzgerald reduced their price objective on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Finally, TD Cowen decreased their price objective on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $374.57.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $282.98 on Friday. The stock has a market capitalization of $27.10 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 1.27 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 52-week low of $275.60 and a 52-week high of $352.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.69 and a current ratio of 2.21. The stock’s 50 day moving average price is $324.06 and its two-hundred day moving average price is $326.95.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, beating the consensus estimate of $7.93 by $0.19. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. Willis Towers Watson Public’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $8.13 EPS. On average, equities analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is 22.47%.

Willis Towers Watson Public Company 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.