Willis Towers Watson Public Limited Company $WTW Shares Newly Purchased by CenterBook Partners LP

CenterBook Partners LP acquired a new position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,860 shares of the company’s stock, valued at approximately $824,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTW. Trust Co. of Vermont acquired a new position in shares of Willis Towers Watson Public during the second quarter worth approximately $25,000. Western Wealth Management LLC bought a new position in Willis Towers Watson Public in the 1st quarter worth approximately $30,000. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in Willis Towers Watson Public in the 3rd quarter worth approximately $31,000. Raiffeisen Bank International AG lifted its holdings in Willis Towers Watson Public by 37.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock worth $33,000 after buying an additional 34 shares in the last quarter. Finally, Atmos Advisory LLC bought a new position in Willis Towers Watson Public in the 3rd quarter valued at $55,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on WTW shares. Cantor Fitzgerald raised their target price on shares of Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. The Goldman Sachs Group reduced their price target on shares of Willis Towers Watson Public from $385.00 to $361.00 and set a “buy” rating for the company in a report on Thursday, October 1st. Raymond James Financial lifted their price target on Willis Towers Watson Public from $340.00 to $400.00 and gave the company a “strong-buy” rating in a research note on Monday, August 10th. Evercore lifted their price target on Willis Towers Watson Public from $374.00 to $390.00 in a research note on Wednesday, October 28th. Finally, Robert W. Baird cut their price target on Willis Towers Watson Public from $385.00 to $383.00 in a report on Friday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $370.11.

Willis Towers Watson Public Stock Up 1.8%

WTW stock opened at $332.87 on Wednesday. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $351.51. The business’s 50 day simple moving average is $313.22 and its 200 day simple moving average is $297.55. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $30.70 billion, a PE ratio of 17.38, a PEG ratio of 0.95 and a beta of 0.44.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.59 by $0.04. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. The business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter last year, the firm posted $3.07 EPS. The company’s quarterly revenue was up 7.5% on a year-over-year basis. As a group, research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.80 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $0.96 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $3.84 annualized dividend and a dividend yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio is presently 23.43%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company, which operates under the WTW name, is a global advisory, broking and solutions firm. It helps organizations manage risk, improve employee benefits and support workforce and business performance. WTW’s services include insurance and risk brokerage, risk management advice, retirement and investment consulting, health and benefits solutions, and guidance on talent, rewards and organizational strategy. It serves businesses, public-sector organizations and individuals across a range of industries.