Quantbot Technologies LP Raises Holdings in Willis Towers Watson Public Limited Company $WTW

Quantbot Technologies LP raised its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 215.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,814 shares of the company’s stock after acquiring an additional 6,024 shares during the period. Quantbot Technologies LP’s holdings in Willis Towers Watson Public were worth $2,701,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of WTW. Quadcap Wealth Management LLC increased its position in Willis Towers Watson Public by 4.8% during the 2nd quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock worth $229,000 after purchasing an additional 34 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Willis Towers Watson Public by 10.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 392 shares of the company’s stock worth $120,000 after buying an additional 36 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares in the last quarter. Horizon Investments LLC raised its stake in shares of 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 acquiring an additional 45 shares during the period. Finally, Aaron Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 47 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on WTW shares. Barclays lowered their price target on Willis Towers Watson Public from $341.00 to $303.00 and set an “underweight” rating for the company in a report on Thursday, November 20th. Cantor Fitzgerald began 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 for the company. Piper Sandler reduced their price target on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $400.00 price objective (up previously from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. Finally, UBS Group lifted their price objective on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $367.67.

Willis Towers Watson Public Stock Performance

WTW stock opened at $320.00 on Friday. The stock’s 50 day simple moving average is $327.78 and its 200 day simple moving average is $320.79. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. Willis Towers Watson Public Limited Company has a 12-month low of $292.97 and a 12-month high of $352.79. The firm has a market cap of $30.64 billion, a P/E ratio of 15.23, a P/E/G ratio of 1.74 and a beta of 0.63.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 30th. The company reported $3.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a net margin of 21.58% and a return on equity of 21.46%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the firm earned $2.93 EPS. The company’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, equities research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

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

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.2%. Willis Towers Watson Public’s payout ratio is 17.52%.

Willis Towers Watson Public 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.