Raub Brock Capital Management LP Sells 250 Shares of Willis Towers Watson Public Limited Company $WTW

Raub Brock Capital Management LP lowered its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 18.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,100 shares of the company’s stock after selling 250 shares during the quarter. Raub Brock Capital Management LP’s holdings in Willis Towers Watson Public were worth $337,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in WTW. Brighton Jones LLC boosted its position in Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after purchasing an additional 61 shares during the period. Merit Financial Group LLC bought a new stake in Willis Towers Watson Public during the first quarter worth approximately $367,000. UMB Bank n.a. boosted its position in Willis Towers Watson Public by 13.3% during the first quarter. UMB Bank n.a. now owns 589 shares of the company’s stock worth $199,000 after purchasing an additional 69 shares during the period. Wedmont Private Capital lifted its holdings in shares of Willis Towers Watson Public by 7.6% during the first quarter. Wedmont Private Capital now owns 1,014 shares of the company’s stock worth $326,000 after buying an additional 72 shares during the last quarter. Finally, Portside Wealth Group LLC lifted its holdings in shares of Willis Towers Watson Public by 41.0% during the first quarter. Portside Wealth Group LLC now owns 1,180 shares of the company’s stock worth $399,000 after buying an additional 343 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Evercore ISI upped their price target on Willis Towers Watson Public from $373.00 to $387.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Wolfe Research upgraded Willis Towers Watson Public to a “hold” rating in a report on Monday, September 15th. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $366.00 to $372.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Morgan Stanley upped their price target 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 upped their price target on Willis Towers Watson Public from $358.00 to $377.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $368.75.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $349.93 on Wednesday. The business has a fifty day simple moving average of $332.88 and a 200 day simple moving average of $318.73. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $34.14 billion, a price-to-earnings ratio of 239.68, a PEG ratio of 2.78 and a beta of 0.73. Willis Towers Watson Public Limited Company has a one year low of $287.05 and a one year high of $352.79.

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

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

Willis Towers Watson Public Announces Dividend

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

About Willis Towers Watson Public

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.