Yousif Capital Management LLC Buys 72 Shares of Willis Towers Watson Public Limited Company $WTW

Yousif Capital Management LLC increased its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,656 shares of the company’s stock after acquiring an additional 72 shares during the quarter. Yousif Capital Management LLC’s holdings in Willis Towers Watson Public were worth $4,799,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. CWM LLC lifted its holdings in Willis Towers Watson Public by 61.1% during the second quarter. CWM LLC now owns 5,139 shares of the company’s stock worth $1,575,000 after acquiring an additional 1,949 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in Willis Towers Watson Public by 5.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,076 shares of the company’s stock worth $3,396,000 after acquiring an additional 548 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in Willis Towers Watson Public by 2.1% during the second quarter. Johnson Investment Counsel Inc. now owns 289,084 shares of the company’s stock worth $88,604,000 after acquiring an additional 5,836 shares during the period. Aberdeen Group plc lifted its holdings in Willis Towers Watson Public by 4.5% during the second quarter. Aberdeen Group plc now owns 76,303 shares of the company’s stock worth $23,387,000 after acquiring an additional 3,309 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Willis Towers Watson Public by 46.5% during the second quarter. IFP Advisors Inc now owns 734 shares of the company’s stock worth $226,000 after acquiring an additional 233 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Piper Sandler lifted their price target on Willis Towers Watson Public from $369.00 to $387.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Morgan Stanley raised their target price on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Monday, August 18th. Citigroup began coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 target price for the company. Cantor Fitzgerald began 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. Finally, Wolfe Research raised Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $369.42.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $343.31 on Wednesday. The stock has a market cap of $33.49 billion, a PE ratio of 235.15, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. Willis Towers Watson Public Limited Company has a fifty-two week low of $287.05 and a fifty-two week high of $352.79. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a fifty day moving average of $335.29 and a 200-day moving average of $318.78.

Willis Towers Watson Public (NASDAQ:WTW) last announced 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. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.55 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

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

Willis Towers Watson Public declared that its Board of Directors has authorized a stock buyback plan on Thursday, September 18th that authorizes the company to repurchase $1.50 billion in 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 an indication that the company’s board believes its shares are undervalued.

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.