MassMutual Private Wealth & Trust FSB Has $120,000 Stock Position in Willis Towers Watson Public Limited Company $WTW

MassMutual Private Wealth & Trust FSB grew its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 10.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 392 shares of the company’s stock after acquiring an additional 36 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Willis Towers Watson Public were worth $120,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its position in Willis Towers Watson Public by 2.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,856,440 shares of the company’s stock worth $965,334,000 after acquiring an additional 67,898 shares during the last quarter. Wellington Management Group LLP boosted its holdings 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 buying an additional 69,205 shares during the last quarter. GAMMA Investing LLC boosted its holdings 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 buying an additional 1,004,947 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Willis Towers Watson Public by 1.8% in 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 buying an additional 17,154 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Willis Towers Watson Public by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 862,629 shares of the company’s stock valued at $291,519,000 after buying an additional 30,704 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

WTW has been the subject of several research reports. Morgan Stanley raised their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the company an “equal weight” rating in a report on Monday, August 18th. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating on the stock in a research report on Thursday, July 10th. Cantor Fitzgerald assumed coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 target price on the stock. Barclays decreased their target price 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. Finally, Wolfe Research upgraded Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $362.92.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $336.71 on Friday. The stock’s 50-day simple moving average is $324.16 and its 200 day simple moving average is $317.62. The stock has a market capitalization of $32.85 billion, a price-to-earnings ratio of 230.62, a price-to-earnings-growth ratio of 2.64 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 Limited Company has a 52-week low of $286.00 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter last year, the firm posted $2.55 EPS. The company’s revenue was down .2% compared to the same quarter last year. Research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

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

Willis Towers Watson Public declared that its board has initiated a stock repurchase program on Thursday, September 18th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

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.