Strs Ohio Makes New $2.07 Million Investment in Willis Towers Watson Public Limited Company $WTW

Strs Ohio bought a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 6,111 shares of the company’s stock, valued at approximately $2,065,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. lifted its stake in shares of Willis Towers Watson Public by 2.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,856,440 shares of the company’s stock valued at $965,334,000 after acquiring an additional 67,898 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Willis Towers Watson Public by 7.0% in the 1st quarter. Wellington Management Group LLP now owns 1,057,635 shares of the company’s stock valued at $357,428,000 after acquiring an additional 69,205 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Willis Towers Watson Public by 40,489.4% in the 1st quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company’s stock valued at $340,461,000 after acquiring an additional 1,004,947 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Willis Towers Watson Public by 1.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 953,544 shares of the company’s stock valued at $322,250,000 after purchasing an additional 17,154 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Willis Towers Watson Public by 10.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 936,390 shares of the company’s stock valued at $293,315,000 after purchasing an additional 91,973 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on WTW shares. Citigroup started coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 price objective on the stock. Cantor Fitzgerald started coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price objective on the stock. Barclays cut their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating on the stock in a research report on Monday, July 7th. Morgan Stanley upped their target price on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a report on Monday, August 18th. Finally, Wells Fargo & Company reduced their target price on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating on the stock in a report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $362.92.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock opened at $333.70 on Tuesday. Willis Towers Watson Public Limited Company has a one year low of $286.00 and a one year high of $344.14. The stock’s fifty day moving average is $322.15 and its 200 day moving average is $317.46. The stock has a market cap of $32.55 billion, a P/E ratio of 228.56, a P/E/G ratio of 2.70 and a beta of 0.71. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 31st. The company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.23 billion. During the same period last year, the firm earned $2.55 EPS. Willis Towers Watson Public’s revenue for the quarter was down .2% compared to the same quarter last year. Sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.92 per share. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 252.05%.

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.