Universal Beteiligungs und Servicegesellschaft mbH Sells 789 Shares of Willis Towers Watson Public Limited Company $WTW

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,793 shares of the company’s stock after selling 789 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Willis Towers Watson Public were worth $22,311,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in WTW. PNC Financial Services Group Inc. lifted its holdings in shares of Willis Towers Watson Public by 22.6% during the first quarter. PNC Financial Services Group Inc. now owns 14,108 shares of the company’s stock worth $4,768,000 after buying an additional 2,596 shares during the last quarter. D.A. Davidson & CO. increased its position in Willis Towers Watson Public by 76.4% during the second quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock worth $733,000 after acquiring an additional 1,036 shares during the period. Townsquare Capital LLC raised its stake in Willis Towers Watson Public by 33.9% during the 1st quarter. Townsquare Capital LLC now owns 9,196 shares of the company’s stock valued at $3,108,000 after purchasing an additional 2,327 shares during the last quarter. Sound Shore Management Inc CT boosted its holdings in Willis Towers Watson Public by 11.5% in the 2nd quarter. Sound Shore Management Inc CT now owns 257,128 shares of the company’s stock valued at $78,810,000 after purchasing an additional 26,420 shares during the period. Finally, Atria Investments Inc grew its position in Willis Towers Watson Public by 87.6% in the 2nd quarter. Atria Investments Inc now owns 4,867 shares of the company’s stock worth $1,492,000 after purchasing an additional 2,272 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.3%

NASDAQ WTW opened at $319.52 on Wednesday. Willis Towers Watson Public Limited Company has a 1-year low of $292.97 and a 1-year high of $352.79. The company has a market capitalization of $30.59 billion, a price-to-earnings ratio of 218.85, a PEG ratio of 2.54 and a beta of 0.69. The stock’s 50 day moving average is $332.05 and its two-hundred day moving average is $320.07. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.Willis Towers Watson Public’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.93 EPS. Equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.92 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio is presently 17.52%.

Willis Towers Watson Public declared that its board has approved a share buyback plan on Thursday, September 18th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 4.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WTW shares. UBS Group upped their price objective on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Wolfe Research upgraded Willis Towers Watson Public to a “hold” rating in a research note on Monday, September 15th. Evercore ISI upped their price target on Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $377.00 to $382.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. Finally, Citigroup initiated coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $368.77.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.