Willis Towers Watson Public Limited Company $WTW Shares Purchased by R Squared Ltd

R Squared Ltd increased its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 33.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,464 shares of the company’s stock after purchasing an additional 364 shares during the quarter. R Squared Ltd’s holdings in Willis Towers Watson Public were worth $449,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WTW. Bessemer Group Inc. boosted its holdings in Willis Towers Watson Public by 35.6% in the 1st quarter. Bessemer Group Inc. now owns 1,208 shares of the company’s stock worth $408,000 after acquiring an additional 317 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in Willis Towers Watson Public by 124.2% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,941 shares of the company’s stock worth $1,670,000 after acquiring an additional 2,737 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Willis Towers Watson Public by 22.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 14,108 shares of the company’s stock worth $4,768,000 after acquiring an additional 2,596 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Willis Towers Watson Public by 15.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,011 shares of the company’s stock worth $2,031,000 after acquiring an additional 815 shares during the period. Finally, Townsquare Capital LLC boosted its holdings in Willis Towers Watson Public by 33.9% in the 1st quarter. Townsquare Capital LLC now owns 9,196 shares of the company’s stock worth $3,108,000 after acquiring an additional 2,327 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on WTW. Morgan Stanley upped their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a report on Monday, August 18th. Piper Sandler upped their price target on Willis Towers Watson Public from $369.00 to $387.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Citigroup began coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 price target for the company. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $366.00 to $372.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Finally, Barclays decreased their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.42.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $328.34 on Friday. The stock has a market cap of $32.03 billion, a P/E ratio of 224.89, a price-to-earnings-growth ratio of 2.65 and a beta of 0.73. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average of $335.66 and a 200-day moving average of $319.30. Willis Towers Watson Public Limited Company has a 52 week low of $289.12 and a 52 week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 31st. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The business’s revenue was down .2% on a year-over-year basis. During the same period in the prior year, the business posted $2.55 EPS. On average, analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public declared that its Board of Directors has initiated a stock buyback program on Thursday, September 18th that permits the company to buyback $1.50 billion in outstanding 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 a sign that the company’s board of directors believes its stock is undervalued.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is 252.05%.

Willis Towers Watson Public 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.