New South Capital Management Inc. Has $36.19 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

New South Capital Management Inc. lowered its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 1.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 104,748 shares of the company’s stock after selling 2,060 shares during the quarter. Willis Towers Watson Public comprises 1.6% of New South Capital Management Inc.’s holdings, making the stock its 24th biggest position. New South Capital Management Inc. owned 0.11% of Willis Towers Watson Public worth $36,185,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Massachusetts Financial Services Co. MA increased its position in Willis Towers Watson Public by 2.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock worth $1,912,041,000 after acquiring an additional 146,104 shares during the period. Artisan Partners Limited Partnership grew its position in shares of Willis Towers Watson Public by 1.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock worth $1,096,994,000 after purchasing an additional 62,570 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Willis Towers Watson Public by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock worth $790,908,000 after purchasing an additional 19,384 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Willis Towers Watson Public by 4.8% during the second quarter. Invesco Ltd. now owns 2,279,417 shares of the company’s stock worth $698,642,000 after purchasing an additional 103,695 shares during the period. Finally, Norges Bank acquired a new stake in shares of Willis Towers Watson Public in the second quarter valued at approximately $458,662,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $282.98 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The stock has a market cap of $27.10 billion, a PE ratio of 17.28, a P/E/G ratio of 1.27 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 12-month low of $275.60 and a 12-month high of $352.79. The business’s 50-day moving average price is $324.06 and its two-hundred day moving average price is $326.95.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.13 earnings per share. As a group, analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.92 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.47%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on WTW shares. Evercore increased their price target on Willis Towers Watson Public from $383.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. UBS Group upped their target price on Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a research report on Monday. TD Cowen decreased their price target on Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a research note on Monday, December 29th. Finally, Barclays increased their price objective on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $374.57.

About Willis Towers Watson Public

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.