Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,310 shares of the company’s stock after acquiring an additional 55 shares during the period. Vontobel Holding Ltd.’s holdings in Willis Towers Watson Public were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Acadian Asset Management LLC boosted its stake in shares of Willis Towers Watson Public by 520.3% during the 1st quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock worth $114,765,000 after purchasing an additional 350,135 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after purchasing an additional 261,562 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in shares of Willis Towers Watson Public by 456.5% during the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock worth $52,006,000 after purchasing an additional 162,741 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Willis Towers Watson Public by 161.4% during the 2nd quarter. Hsbc Holdings PLC now owns 190,101 shares of the company’s stock worth $50,032,000 after purchasing an additional 117,372 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $291.74 on Wednesday. The company has a market cap of $29.63 billion, a PE ratio of 27.92, a P/E/G ratio of 1.83 and a beta of 0.74. The company has a fifty day moving average price of $290.00 and a two-hundred day moving average price of $271.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public Limited has a 12 month low of $203.36 and a 12 month high of $303.42.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the business earned $2.05 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. Research analysts expect that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.68%.

Wall Street Analyst Weigh In

WTW has been the topic of several analyst reports. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an “overweight” rating in a report on Thursday, October 3rd. Roth Mkm increased their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Truist Financial increased their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Hold” and a consensus price target of $309.47.

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.