Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 25.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,353 shares of the company’s stock after acquiring an additional 472 shares during the period. Blue Trust Inc.’s holdings in Willis Towers Watson Public were worth $693,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of WTW. Richardson Financial Services Inc. purchased a new stake in shares of Willis Towers Watson Public during the first quarter valued at $28,000. American National Bank purchased a new stake in shares of Willis Towers Watson Public during the second quarter valued at $36,000. Beacon Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the last quarter. New Millennium Group LLC purchased a new stake in shares of Willis Towers Watson Public during the second quarter valued at $54,000. Finally, LRI Investments LLC purchased a new stake in shares of Willis Towers Watson Public during the first quarter valued at $58,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the topic of several recent analyst reports. Morgan Stanley dropped their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, Truist Financial upped their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $309.47.

Willis Towers Watson Public Stock Performance

WTW opened at $290.50 on Tuesday. The company has a market cap of $29.50 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The stock has a 50-day moving average of $289.66 and a 200-day moving average of $271.39. Willis Towers Watson Public Limited has a 52-week low of $203.36 and a 52-week high of $303.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.05 EPS. As a group, equities research analysts forecast that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.68%.

Willis Towers Watson Public 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.