Mutual of America Capital Management LLC Has $3.70 Million Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mutual of America Capital Management LLC lessened its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,445 shares of the company’s stock after selling 385 shares during the period. Mutual of America Capital Management LLC’s holdings in Willis Towers Watson Public were worth $3,697,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC purchased a new position in shares of Willis Towers Watson Public in the 4th quarter worth approximately $29,000. Hexagon Capital Partners LLC lifted its stake in Willis Towers Watson Public by 168.8% in the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares during the last quarter. HHM Wealth Advisors LLC purchased a new position in Willis Towers Watson Public in the fourth quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV lifted its stake in Willis Towers Watson Public by 112.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after purchasing an additional 106 shares during the last quarter. Finally, Glassman Wealth Services purchased a new position in Willis Towers Watson Public in the fourth quarter valued at approximately $49,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 1.5 %

Willis Towers Watson Public stock opened at $261.98 on Friday. The stock has a market cap of $26.78 billion, a P/E ratio of 26.28, a PEG ratio of 1.47 and a beta of 0.73. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The firm’s fifty day moving average price is $256.71 and its 200-day moving average price is $259.73. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping the consensus estimate of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter in the prior year, the firm posted $2.84 earnings per share. The business’s quarterly revenue was up 4.3% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $3.52 annualized dividend and a yield of 1.34%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.31%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WTW. Bank of America upgraded Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Piper Sandler upped their price objective on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Morgan Stanley dropped their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $317.00 to $318.00 and gave the company an “overweight” rating in a research note on Thursday, June 20th. Finally, Citigroup lowered their target price on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $296.29.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.