Focus Partners Advisor Solutions LLC Buys 409 Shares of Willis Towers Watson Public Limited Company $WTW

Focus Partners Advisor Solutions LLC raised its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 56.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,139 shares of the company’s stock after acquiring an additional 409 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Willis Towers Watson Public were worth $349,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. T. Rowe Price Investment Management Inc. boosted its position in Willis Towers Watson Public by 2.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,856,440 shares of the company’s stock valued at $965,334,000 after acquiring an additional 67,898 shares in the last quarter. Wellington Management Group LLP lifted its position in Willis Towers Watson Public by 7.0% during the first quarter. Wellington Management Group LLP now owns 1,057,635 shares of the company’s stock valued at $357,428,000 after acquiring an additional 69,205 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Willis Towers Watson Public by 1.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 953,544 shares of the company’s stock valued at $322,250,000 after acquiring an additional 17,154 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Willis Towers Watson Public by 3.7% during the first quarter. Dimensional Fund Advisors LP now owns 862,629 shares of the company’s stock valued at $291,519,000 after acquiring an additional 30,704 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Willis Towers Watson Public by 0.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 607,773 shares of the company’s stock valued at $205,397,000 after acquiring an additional 3,087 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on WTW shares. Raymond James Financial reissued a “strong-buy” rating and set a $400.00 target price (up previously from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. Piper Sandler increased their target price on shares of Willis Towers Watson Public from $369.00 to $387.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Barclays decreased their target price on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a research report on Monday, July 7th. Wolfe Research raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Willis Towers Watson Public in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. 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

Shares of WTW stock opened at $317.00 on Friday. The firm has a market capitalization of $30.92 billion, a price-to-earnings ratio of 217.12, a price-to-earnings-growth ratio of 2.54 and a beta of 0.73. 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 business has a fifty day moving average of $334.54 and a 200 day moving average of $319.52. Willis Towers Watson Public Limited Company has a 1 year low of $292.97 and a 1 year high of $352.79.

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 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 21.60% and a net margin of 1.40%.The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the business posted $2.93 EPS. As a group, research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.92 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio is presently 252.05%.

Willis Towers Watson Public announced that its board has authorized a share buyback program on Thursday, September 18th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 4.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

About Willis Towers Watson Public

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.