Vanguard Personalized Indexing Management LLC Has $3.40 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

Vanguard Personalized Indexing Management LLC lifted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,076 shares of the company’s stock after acquiring an additional 548 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Willis Towers Watson Public were worth $3,396,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new position in Willis Towers Watson Public in the first quarter worth $25,000. Cornerstone Planning Group LLC lifted its position in Willis Towers Watson Public by 750.0% in the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after purchasing an additional 75 shares during the period. Crewe Advisors LLC bought a new position in Willis Towers Watson Public in the first quarter worth $32,000. Larson Financial Group LLC lifted its position in Willis Towers Watson Public by 122.9% in the first quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock worth $36,000 after purchasing an additional 59 shares during the period. Finally, WPG Advisers LLC bought a new position in Willis Towers Watson Public in the first quarter worth $43,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $343.31 on Wednesday. The stock has a 50-day simple moving average of $335.29 and a 200 day simple moving average of $318.78. The company has a quick ratio of 1.90, a current 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 $287.05 and a 12-month high of $352.79. The stock has a market capitalization of $33.49 billion, a price-to-earnings ratio of 235.15, a P/E/G ratio of 2.68 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly 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 business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same period in the previous year, the business posted $2.55 earnings per share. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. On average, research analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

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

Willis Towers Watson Public Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on WTW. Evercore ISI raised their target price on Willis Towers Watson Public from $373.00 to $387.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. 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 target price for the company. UBS Group lifted their price objective 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. Morgan Stanley lifted their price objective 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Willis Towers Watson Public in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.