26,893 Shares of Willis Towers Watson Public Limited Company $WTW Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the third quarter, Holdings Channel.com reports. The firm acquired 26,893 shares of the company’s stock, valued at approximately $7,751,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Trust Co. of Vermont acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $25,000. Western Wealth Management LLC bought a new stake in Willis Towers Watson Public in the first quarter worth approximately $30,000. Virginia Estate & Retirement Planning Advisors Inc. acquired a new position in Willis Towers Watson Public in the third quarter valued at approximately $31,000. Raiffeisen Bank International AG lifted its position in shares of Willis Towers Watson Public by 37.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock valued at $33,000 after acquiring an additional 34 shares during the period. Finally, Atmos Advisory LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth about $55,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of research analyst reports. Robert W. Baird decreased their target price on Willis Towers Watson Public from $385.00 to $383.00 in a research report on Friday, October 30th. Raymond James Financial upped their target price on Willis Towers Watson Public from $340.00 to $400.00 and gave the stock a “strong-buy” rating in a research report on Monday, August 10th. Evercore lifted their price target on shares of Willis Towers Watson Public from $374.00 to $390.00 in a research report on Wednesday, October 28th. Truist Financial boosted their price target on shares of Willis Towers Watson Public from $320.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Weiss Ratings raised shares of Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $370.11.

Willis Towers Watson Public Stock Up 0.4%

WTW stock opened at $334.18 on Thursday. The firm has a market capitalization of $30.82 billion, a PE ratio of 17.69, a P/E/G ratio of 0.96 and a beta of 0.44. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $351.51. The stock’s 50 day moving average is $313.22 and its 200-day moving average is $297.61.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.04. The business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.45 billion. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. Willis Towers Watson Public’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.07 earnings per share. Sell-side analysts expect that Willis Towers Watson Public Limited Company will post 19.80 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, September 30th. Willis Towers Watson Public’s payout ratio is currently 23.43%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company, which operates under the WTW name, is a global advisory, broking and solutions firm. It helps organizations manage risk, improve employee benefits and support workforce and business performance. WTW’s services include insurance and risk brokerage, risk management advice, retirement and investment consulting, health and benefits solutions, and guidance on talent, rewards and organizational strategy. It serves businesses, public-sector organizations and individuals across a range of industries.