Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 251,469 shares of the company’s stock after purchasing an additional 1,960 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Willis Towers Watson Public were worth $74,065,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in WTW. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public in the third quarter worth $27,000. American National Bank acquired a new stake in Willis Towers Watson Public in the 2nd quarter valued at $36,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the third quarter valued at about $41,000. Beacon Capital Management LLC lifted its stake 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 worth $48,000 after purchasing an additional 101 shares in the last quarter. Finally, New Millennium Group LLC purchased a new stake in shares of Willis Towers Watson Public in the second quarter worth about $54,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group raised their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and a consensus target price of $312.27.

Willis Towers Watson Public Trading Down 0.7 %

NASDAQ:WTW opened at $314.80 on Friday. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $320.77. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $31.71 billion, a PE ratio of -43.53, a P/E/G ratio of 1.98 and a beta of 0.73. The business’s 50 day moving average is $295.64 and its two-hundred day moving average is $276.22.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.24 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited will post 16.66 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.88 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.12%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

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.