Willis Towers Watson Public Limited Company $WTW Shares Purchased by National Pension Service

National Pension Service increased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 2.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 149,629 shares of the company’s stock after acquiring an additional 4,166 shares during the quarter. National Pension Service owned approximately 0.15% of Willis Towers Watson Public worth $51,689,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arizona State Retirement System raised its holdings in shares of Willis Towers Watson Public by 0.6% during the third quarter. Arizona State Retirement System now owns 29,223 shares of the company’s stock valued at $10,095,000 after acquiring an additional 176 shares during the period. New York State Common Retirement Fund raised its stake in Willis Towers Watson Public by 12.3% during the 3rd quarter. New York State Common Retirement Fund now owns 69,420 shares of the company’s stock valued at $23,981,000 after purchasing an additional 7,600 shares during the period. TD Waterhouse Canada Inc. raised its stake in Willis Towers Watson Public by 71.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,151 shares of the company’s stock valued at $740,000 after purchasing an additional 893 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Willis Towers Watson Public by 13.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,937 shares of the company’s stock valued at $5,160,000 after purchasing an additional 1,819 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of Willis Towers Watson Public by 16.7% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 12,928 shares of the company’s stock worth $4,467,000 after buying an additional 1,852 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $317.47 on Monday. The firm has a market capitalization of $30.40 billion, a PE ratio of 15.11, a PEG ratio of 1.52 and a beta of 0.62. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. Willis Towers Watson Public Limited Company has a 1 year low of $292.97 and a 1 year high of $352.79. The firm’s fifty day simple moving average is $325.72 and its 200 day simple moving average is $327.10.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly 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 net margin of 21.58% and a return on equity of 21.46%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the company earned $2.93 earnings per share. The business’s quarterly revenue was up .0% compared to the same quarter last year. On average, sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.2%. Willis Towers Watson Public’s payout ratio is 17.52%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Barclays upped their price target on Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research report on Thursday, January 8th. Mizuho assumed coverage on Willis Towers Watson Public in a report on Tuesday, December 16th. They issued an “outperform” rating and a $386.00 target price on the stock. Wells Fargo & Company raised their price target on shares of Willis Towers Watson Public from $356.00 to $366.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wall Street Zen lowered shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Finally, Piper Sandler decreased their target price on shares of Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $369.08.

Willis Towers Watson Public Company 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.