Willis Towers Watson Public Limited Company $WTW Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. raised its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 355.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,474 shares of the company’s stock after purchasing an additional 7,393 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Willis Towers Watson Public were worth $3,273,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WTW. Vanguard Group Inc. raised its stake in shares of Willis Towers Watson Public by 0.9% in the third quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock worth $3,928,792,000 after purchasing an additional 103,784 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Willis Towers Watson Public by 2.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock valued at $1,912,041,000 after buying an additional 146,104 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in Willis Towers Watson Public by 1.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock worth $1,096,994,000 after buying an additional 62,570 shares during the period. Geode Capital Management LLC increased its holdings in Willis Towers Watson Public by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock worth $790,908,000 after buying an additional 19,384 shares during the period. Finally, Invesco Ltd. raised its position in Willis Towers Watson Public by 4.8% during the 2nd quarter. Invesco Ltd. now owns 2,279,417 shares of the company’s stock worth $698,642,000 after buying an additional 103,695 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Down 1.8%

Shares of Willis Towers Watson Public stock opened at $289.26 on Wednesday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79. The firm has a market capitalization of $27.35 billion, a PE ratio of 17.66, a P/E/G ratio of 1.32 and a beta of 0.62. The firm’s 50-day moving average price is $313.03 and its 200 day moving average price is $323.59.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, topping the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the business earned $8.13 EPS. Willis Towers Watson Public’s quarterly revenue was down 3.3% on a year-over-year basis. On average, sell-side analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.96 per share. The ex-dividend date is Tuesday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.47%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WTW. Piper Sandler dropped their price objective on shares of Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Wall Street Zen upgraded shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. Finally, Barclays lifted their price objective on Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $371.50.

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.