Waypoint Capital Advisors LLC Takes Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Waypoint Capital Advisors LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 754 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Richardson Financial Services Inc. bought a new stake in shares of Willis Towers Watson Public during the first quarter worth $28,000. American National Bank bought a new stake in Willis Towers Watson Public during the 2nd quarter worth about $36,000. Beacon Capital Management LLC increased its position in Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares in the last quarter. New Millennium Group LLC bought a new position in shares of Willis Towers Watson Public in the second quarter worth about $54,000. Finally, LRI Investments LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth approximately $58,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Down 0.4 %

Shares of NASDAQ WTW opened at $290.03 on Friday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a twelve month low of $203.36 and a twelve month high of $303.42. The company’s fifty day moving average is $289.36 and its 200-day moving average is $271.20. The stock has a market cap of $29.46 billion, a price-to-earnings ratio of 27.75, a P/E/G ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the firm earned $2.05 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. Equities research analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors 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 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public’s payout ratio is 33.68%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WTW shares. Wells Fargo & Company raised their price target on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the company an “overweight” rating in a report on Thursday, October 3rd. Barclays assumed coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price for the company. Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Truist Financial upped their target price on shares of 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. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $309.47.

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.