Harbour Capital Advisors LLC Raises Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Harbour Capital Advisors LLC grew its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 94.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,615 shares of the company’s stock after purchasing an additional 785 shares during the period. Harbour Capital Advisors LLC’s holdings in Willis Towers Watson Public were worth $481,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its holdings in shares of Willis Towers Watson Public by 17.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,482 shares of the company’s stock valued at $2,287,000 after acquiring an additional 1,427 shares during the period. HighPoint Advisor Group LLC acquired a new stake in Willis Towers Watson Public in the fourth quarter valued at $286,000. CWM LLC lifted its holdings in Willis Towers Watson Public by 12.3% in the first quarter. CWM LLC now owns 2,302 shares of the company’s stock valued at $633,000 after acquiring an additional 252 shares during the period. Los Angeles Capital Management LLC lifted its holdings in Willis Towers Watson Public by 3.2% in the first quarter. Los Angeles Capital Management LLC now owns 6,222 shares of the company’s stock valued at $1,711,000 after acquiring an additional 192 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Willis Towers Watson Public by 26.4% during the 1st quarter. GAMMA Investing LLC now owns 713 shares of the company’s stock worth $196,000 after buying an additional 149 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm boosted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Barclays started coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price on the stock. Finally, Jefferies Financial Group upped their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $309.47.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $290.03 on Friday. Willis Towers Watson Public Limited has a 1-year low of $203.36 and a 1-year high of $303.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. The business’s fifty day moving average price is $289.36 and its two-hundred day moving average price is $271.18. The firm has a market capitalization of $29.46 billion, a PE ratio of 27.75, a P/E/G ratio of 1.85 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period last year, the company earned $2.05 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, research analysts expect that Willis Towers Watson Public Limited will post 16.49 EPS for the current year.

Willis Towers Watson Public Announces Dividend

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

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.