Stephens Inc. AR Sells 216 Shares of Willis Towers Watson Public Limited Company $WTW

Stephens Inc. AR lessened its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 11.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,636 shares of the company’s stock after selling 216 shares during the quarter. Stephens Inc. AR’s holdings in Willis Towers Watson Public were worth $501,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in Willis Towers Watson Public during the 1st quarter valued at approximately $25,000. Cornerstone Planning Group LLC grew its holdings in Willis Towers Watson Public by 750.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock valued at $28,000 after buying an additional 75 shares in the last quarter. Larson Financial Group LLC grew its holdings in Willis Towers Watson Public by 122.9% during the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock valued at $36,000 after buying an additional 59 shares in the last quarter. WPG Advisers LLC purchased a new position in Willis Towers Watson Public during the 1st quarter valued at approximately $43,000. Finally, Geneos Wealth Management Inc. grew its holdings in Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after buying an additional 39 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

WTW opened at $328.34 on Friday. The business has a fifty day moving average of $335.66 and a 200 day moving average of $319.42. Willis Towers Watson Public Limited Company has a 52-week low of $289.12 and a 52-week high of $352.79. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. The stock has a market cap of $32.03 billion, a P/E ratio of 224.89, a PEG ratio of 2.63 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter in the previous year, the business earned $2.55 EPS. Willis Towers Watson Public’s revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public declared that its board has initiated a share buyback plan on Thursday, September 18th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the company to buy up to 4.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.92 per share. The ex-dividend date was Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.1%. Willis Towers Watson Public’s payout ratio is presently 252.05%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on WTW shares. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $366.00 to $372.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Evercore ISI raised their price target on Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Citigroup started coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They set a “neutral” rating and a $351.00 price target for the company. UBS Group raised their price target on Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Finally, Barclays dropped their target price on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $369.42.

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.