Chicago Partners Investment Group LLC Acquires 747 Shares of Willis Towers Watson Public Limited Company $WTW

Chicago Partners Investment Group LLC raised its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 59.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,007 shares of the company’s stock after acquiring an additional 747 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Willis Towers Watson Public were worth $623,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new position in Willis Towers Watson Public in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC grew its position in shares of Willis Towers Watson Public by 750.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after buying an additional 75 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Willis Towers Watson Public by 122.9% during the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock worth $36,000 after buying an additional 59 shares in the last quarter. WPG Advisers LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth $43,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $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

Shares of WTW stock opened at $330.42 on Wednesday. Willis Towers Watson Public Limited Company has a 1-year low of $287.05 and a 1-year high of $352.79. The stock’s 50-day moving average is $335.69 and its 200 day moving average is $318.81. The company has a market cap of $32.23 billion, a P/E ratio of 226.32, a PEG ratio of 2.64 and a beta of 0.73. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share 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 for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter last year, the company earned $2.55 earnings per share. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. Research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public announced that its board has approved a share repurchase 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 stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $0.92 dividend. 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 dividend payout ratio (DPR) is 252.05%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $377.00 to $382.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. UBS Group increased their price target on Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Citigroup assumed coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They set a “neutral” rating and a $351.00 price target on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $400.00 price target (up previously from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Willis Towers Watson Public in a research report on Wednesday, October 8th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average 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.