Mediolanum International Funds Ltd Acquires New Stake in Willis Towers Watson Public Limited Company $WTW

Mediolanum International Funds Ltd bought a new position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,907 shares of the company’s stock, valued at approximately $842,000.

A number of other institutional investors also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC lifted its stake in Willis Towers Watson Public by 375.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. MV Capital Management Inc. acquired a new position in Willis Towers Watson Public during the fourth quarter worth $29,000. Larson Financial Group LLC grew its position in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Fideuram Asset Management Ireland dac bought a new position in Willis Towers Watson Public in the fourth quarter valued at $28,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in Willis Towers Watson Public in the 1st quarter valued at $27,000. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WTW has been the subject of several recent research reports. Barclays reduced their price target on Willis Towers Watson Public from $322.00 to $303.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $319.00 to $341.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. UBS Group raised their target price on shares of Willis Towers Watson Public from $374.00 to $382.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Cantor Fitzgerald boosted their target price on shares of Willis Towers Watson Public from $322.00 to $344.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $351.80.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $288.82 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The stock’s fifty day moving average price is $266.61 and its two-hundred day moving average price is $287.83. Willis Towers Watson Public Limited Company has a one year low of $240.61 and a one year high of $352.79. The firm has a market cap of $27.28 billion, a price-to-earnings ratio of 16.84, a P/E/G ratio of 0.95 and a beta of 0.43.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the previous year, the business posted $3.13 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 8.5% on a year-over-year basis. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is 22.39%.

Insider Transactions at Willis Towers Watson Public

In related news, insider Lucy Clarke bought 1,896 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the transaction, the insider owned 22,717 shares in the company, valued at $5,982,976.29. The trade was a 9.11% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.40% of the stock is owned by corporate insiders.

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.