Willis Towers Watson Public Limited Company $WTW Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 2.0% during the second quarter, HoldingsChannel.com reports. The fund owned 11,371 shares of the company’s stock after selling 236 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Willis Towers Watson Public were worth $3,485,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Willis Towers Watson Public by 10.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 392 shares of the company’s stock worth $120,000 after acquiring an additional 36 shares during the period. Geneos Wealth Management Inc. lifted its stake in Willis Towers Watson Public by 38.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. lifted its stake in Willis Towers Watson Public by 6.2% in the 1st quarter. Mather Group LLC. now owns 718 shares of the company’s stock valued at $243,000 after buying an additional 42 shares in the last quarter. Horizon Investments LLC lifted its stake in Willis Towers Watson Public by 3.2% in the 1st quarter. Horizon Investments LLC now owns 1,433 shares of the company’s stock valued at $484,000 after buying an additional 45 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its stake in Willis Towers Watson Public by 7.3% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 687 shares of the company’s stock valued at $211,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Evercore ISI upped their target price on Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Cantor Fitzgerald assumed coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 target price on the stock. Citigroup assumed coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 target price on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $400.00 price target (up from $380.00) on shares of Willis Towers Watson Public in a report on Monday, September 22nd. Finally, Wells Fargo & Company boosted their price target on Willis Towers Watson Public from $377.00 to $382.00 and gave the company an “overweight” rating 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 given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.42.

Willis Towers Watson Public Trading Down 0.7%

WTW stock opened at $331.38 on Friday. The company has a market cap of $32.33 billion, a price-to-earnings ratio of 226.97, a PEG ratio of 2.67 and a beta of 0.73. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. The business has a fifty day simple moving average of $335.70 and a 200-day simple moving average of $319.12. Willis Towers Watson Public Limited Company has a 52 week low of $287.58 and a 52 week high of $352.79.

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

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is presently 252.05%.

Willis Towers Watson Public announced that its board has approved a share repurchase program on Thursday, September 18th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

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.