Willis Towers Watson Public Limited Company $WTW Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC increased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 52,081 shares of the company’s stock after buying an additional 2,341 shares during the period. Intech Investment Management LLC’s holdings in Willis Towers Watson Public were worth $15,963,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. MassMutual Private Wealth & Trust FSB increased its stake in shares of Willis Towers Watson Public by 10.1% in the second 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. grew its position in 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 purchasing an additional 39 shares during the period. Horizon Investments LLC grew its position in Willis Towers Watson Public by 3.2% during the 1st quarter. Horizon Investments LLC now owns 1,433 shares of the company’s stock worth $484,000 after purchasing an additional 45 shares during the period. Aaron Wealth Advisors LLC raised its stake in shares of Willis Towers Watson Public by 7.3% during 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 during the last quarter. Finally, Zions Bancorporation National Association UT lifted its holdings in shares of Willis Towers Watson Public by 31.3% in the 2nd quarter. Zions Bancorporation National Association UT now owns 210 shares of the company’s stock valued at $64,000 after buying an additional 50 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on WTW. Wolfe Research upgraded Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. Keefe, Bruyette & Woods decreased their target price on shares of Willis Towers Watson Public from $382.00 to $373.00 and set an “outperform” rating for the company in a research note on Tuesday, November 4th. Citigroup initiated coverage on shares of 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Thursday. Finally, Raymond James Financial restated a “strong-buy” rating and set a $400.00 target price (up from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $368.77.

Willis Towers Watson Public Stock Down 0.7%

Shares of NASDAQ WTW opened at $322.13 on Friday. The firm has a market cap of $30.84 billion, a price-to-earnings ratio of 220.64, a price-to-earnings-growth ratio of 2.54 and a beta of 0.69. The company’s 50-day simple moving average is $332.53 and its 200-day simple moving average is $319.73. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a 52-week low of $292.97 and a 52-week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the firm posted $2.93 EPS. Willis Towers Watson Public’s revenue was up .0% compared to the same quarter last year. Equities analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is presently 17.52%.

Willis Towers Watson Public announced that its Board of Directors has initiated a stock repurchase plan on Thursday, September 18th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the company to buy up to 4.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management 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.