Fifth Third Wealth Advisors LLC Has $355,000 Stock Position in Willis Towers Watson Public Limited Company $WTW

Fifth Third Wealth Advisors LLC lowered its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 13.3% during the second quarter, Holdings Channel reports. The institutional investor owned 1,157 shares of the company’s stock after selling 177 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Willis Towers Watson Public were worth $355,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Dynamic Advisor Solutions LLC grew its stake in Willis Towers Watson Public by 1.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company’s stock valued at $682,000 after buying an additional 35 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in 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 valued at $120,000 after buying an additional 36 shares during the last quarter. 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 purchasing an additional 39 shares in the last quarter. Brighton Jones LLC grew its position in shares of Willis Towers Watson Public by 2.9% during the 1st quarter. Brighton Jones LLC now owns 1,408 shares of the company’s stock worth $476,000 after purchasing an additional 40 shares in the last quarter. Finally, Mather Group LLC. grew its position in shares of Willis Towers Watson Public by 6.2% during the 1st quarter. Mather Group LLC. now owns 718 shares of the company’s stock worth $243,000 after purchasing an additional 42 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 research analysts have issued reports on the stock. UBS Group increased their target price on shares of 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. Wells Fargo & Company increased their target price on shares of 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. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Piper Sandler increased their target price on shares of Willis Towers Watson Public from $369.00 to $387.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Finally, Morgan Stanley increased their target price on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $369.42.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $336.62 on Tuesday. The company has a 50 day moving average of $334.91 and a 200-day moving average of $318.60. Willis Towers Watson Public Limited Company has a 1-year low of $287.05 and a 1-year high of $352.79. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The company has a market cap of $32.84 billion, a PE ratio of 230.56, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73.

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

Willis Towers Watson Public Announces Dividend

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

Willis Towers Watson Public declared that its Board of Directors has approved 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 buy up to 4.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors 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.