Massachusetts Financial Services Co. MA Reduces Stock Holdings in Willis Towers Watson Public Limited Company $WTW

Massachusetts Financial Services Co. MA lowered its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.9% during the third quarter, HoldingsChannel reports. The firm owned 6,183,708 shares of the company’s stock after selling 54,600 shares during the period. Massachusetts Financial Services Co. MA owned 0.06% of Willis Towers Watson Public worth $2,136,162,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in WTW. Alpine Bank Wealth Management acquired a new position in Willis Towers Watson Public in the 3rd quarter worth $25,000. SOA Wealth Advisors LLC. increased its position in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after acquiring an additional 82 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Willis Towers Watson Public in the third quarter worth about $34,000. Motco boosted its holdings in Willis Towers Watson Public by 1,933.3% in the third quarter. Motco now owns 122 shares of the company’s stock valued at $42,000 after purchasing an additional 116 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Willis Towers Watson Public in the second quarter valued at about $39,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $400.00 target price (up from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. UBS Group upped their price target on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Evercore ISI reduced their price target on shares of Willis Towers Watson Public from $387.00 to $383.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 7th. Finally, Cantor Fitzgerald decreased their price target on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and a consensus target price of $369.08.

Willis Towers Watson Public Stock Up 0.3%

Shares of Willis Towers Watson Public stock opened at $329.41 on Friday. The stock has a market capitalization of $31.54 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 1.58 and a beta of 0.63. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. The business’s 50 day simple moving average is $325.63 and its 200-day simple moving average is $326.04.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the business posted $2.93 earnings per share. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts forecast 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 announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid 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 yield of 1.1%. Willis Towers Watson Public’s payout ratio is presently 17.52%.

Willis Towers Watson Public Profile

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.