Mitsubishi UFJ Trust & Banking Corp Sells 2,121 Shares of Willis Towers Watson Public Limited Company $WTW

Mitsubishi UFJ Trust & Banking Corp decreased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 3.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,441 shares of the company’s stock after selling 2,121 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.05% of Willis Towers Watson Public worth $18,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Birch Financial Group LLC purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at $289,000. Drive Wealth Management LLC purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth about $218,000. Strs Ohio raised its stake in Willis Towers Watson Public by 76.2% in the 3rd quarter. Strs Ohio now owns 15,839 shares of the company’s stock valued at $5,472,000 after acquiring an additional 6,850 shares during the period. Sage Mountain Advisors LLC lifted its holdings in Willis Towers Watson Public by 61.8% during the third quarter. Sage Mountain Advisors LLC now owns 1,416 shares of the company’s stock valued at $489,000 after purchasing an additional 541 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in Willis Towers Watson Public during the third quarter worth about $68,000. 93.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on WTW shares. Mizuho began coverage on shares of Willis Towers Watson Public in a research report on Tuesday, December 16th. They issued an “outperform” rating and a $386.00 price target on the stock. TD Cowen reduced 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 note on Monday, November 10th. Cantor Fitzgerald lowered their target price on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Wall Street Zen lowered Willis Towers Watson Public from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Finally, Keefe, Bruyette & Woods lifted their price target on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.08.

Willis Towers Watson Public Trading Down 0.3%

Willis Towers Watson Public stock opened at $322.00 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.69 and a current ratio of 1.69. Willis Towers Watson Public Limited Company has a fifty-two week low of $292.97 and a fifty-two week high of $352.79. The stock has a market cap of $30.83 billion, a P/E ratio of 15.33, a PEG ratio of 1.55 and a beta of 0.63. The firm’s fifty day moving average price is $325.80 and its 200-day moving average price is $326.86.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.02. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the company earned $2.93 earnings per share. Equities research 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.92 per share. The ex-dividend date of this dividend was Wednesday, December 31st. 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%.

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.