DHJJ Financial Advisors Ltd. Decreases Stock Holdings in Willis Towers Watson Public Limited Company $WTW

DHJJ Financial Advisors Ltd. trimmed its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 12.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,535 shares of the company’s stock after selling 215 shares during the quarter. DHJJ Financial Advisors Ltd.’s holdings in Willis Towers Watson Public were worth $470,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after acquiring an additional 61 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Willis Towers Watson Public by 5.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,196 shares of the company’s stock valued at $1,628,000 after acquiring an additional 276 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Willis Towers Watson Public during the first quarter valued at about $219,000. Merit Financial Group LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter valued at about $367,000. Finally, Portside Wealth Group LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter valued at about $262,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of several recent analyst reports. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They set a “neutral” rating and a $355.00 price objective on the stock. Evercore ISI upped their price objective on shares of Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a report on Wednesday. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the company an “outperform” rating in a report on Monday. Wolfe Research upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Monday, September 15th. Finally, Morgan Stanley increased their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $367.09.

Willis Towers Watson Public Trading Up 0.5%

Willis Towers Watson Public stock opened at $345.78 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a 12 month low of $286.35 and a 12 month high of $347.74. The stock’s 50 day simple moving average is $330.44 and its two-hundred day simple moving average is $318.54. The firm has a market cap of $33.73 billion, a PE ratio of 236.84, a P/E/G ratio of 2.74 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results 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 firm had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same quarter last year, the firm posted $2.55 EPS. The business’s revenue was down .2% on a year-over-year basis. Analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

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

Willis Towers Watson Public Announces Dividend

The firm also recently announced 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 252.05%.

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.