2,610 Shares in Willis Towers Watson Public Limited Company $WTW Purchased by Inceptionr LLC

Inceptionr LLC acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,610 shares of the company’s stock, valued at approximately $800,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Manchester Capital Management LLC lifted its position in shares of Willis Towers Watson Public by 1,180.4% during the 2nd quarter. Manchester Capital Management LLC now owns 589 shares of the company’s stock valued at $181,000 after buying an additional 543 shares in the last quarter. Elo Mutual Pension Insurance Co acquired a new position in Willis Towers Watson Public during the second quarter worth $3,082,000. Quadcap Wealth Management LLC raised its position in Willis Towers Watson Public by 4.8% during the second quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock worth $229,000 after acquiring an additional 34 shares during the period. Global Retirement Partners LLC purchased a new position in Willis Towers Watson Public during the second quarter valued at $252,000. Finally, Prudential Financial Inc. grew its position in shares of Willis Towers Watson Public by 32.4% in the second quarter. Prudential Financial Inc. now owns 16,197 shares of the company’s stock valued at $4,964,000 after purchasing an additional 3,968 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

WTW stock opened at $321.23 on Thursday. 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 debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market capitalization of $30.76 billion, a PE ratio of 220.02, a price-to-earnings-growth ratio of 2.54 and a beta of 0.69. The business has a 50 day simple moving average of $330.06 and a 200-day simple moving average of $320.39.

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

Willis Towers Watson Public announced that its board has initiated a stock buyback program on Thursday, September 18th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. Willis Towers Watson Public’s payout ratio is presently 17.52%.

Analyst Upgrades and Downgrades

WTW has been the subject of several research analyst reports. Morgan Stanley upped their price target on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Monday, August 18th. Wells Fargo & Company increased their target price on Willis Towers Watson Public from $377.00 to $382.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Evercore ISI raised their target price on Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a research note on Tuesday. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $400.00 price objective (up from $380.00) on shares of Willis Towers Watson Public in a research note on Monday, September 22nd. 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $368.62.

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.