Mutual of America Capital Management LLC Has $3.34 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mutual of America Capital Management LLC decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,830 shares of the company’s stock after selling 849 shares during the period. Mutual of America Capital Management LLC’s holdings in Willis Towers Watson Public were worth $3,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WTW. Resurgent Financial Advisors LLC bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $27,000. Loomis Sayles & Co. L P bought a new stake in Willis Towers Watson Public in the 3rd quarter valued at $28,000. Exchange Traded Concepts LLC bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $29,000. Covington Capital Management bought a new stake in Willis Towers Watson Public in the 3rd quarter valued at $32,000. Finally, Money Concepts Capital Corp bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.22% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on WTW shares. Raymond James reaffirmed an “outperform” rating and issued a $315.00 price objective (up from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Roth Mkm boosted their price objective on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Stifel Nicolaus boosted their price objective on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. BMO Capital Markets raised shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their price target for the stock from $236.00 to $298.00 in a research report on Monday, February 12th. Finally, Truist Financial boosted their price target on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $290.54.

Willis Towers Watson Public Stock Up 0.8 %

Shares of WTW stock opened at $259.27 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. The firm’s 50-day moving average is $271.68 and its 200-day moving average is $248.81. The stock has a market cap of $26.51 billion, a price-to-earnings ratio of 25.88, a PEG ratio of 1.46 and a beta of 0.73. Willis Towers Watson Public Limited has a 52-week low of $195.29 and a 52-week high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.05 by $0.39. The company had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. Willis Towers Watson Public’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.33 EPS. Sell-side analysts predict that Willis Towers Watson Public Limited will post 16.2 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend was Wednesday, March 27th. Willis Towers Watson Public’s dividend payout ratio is presently 35.13%.

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.