Wellington Management Group LLP Increases Stock Position in Willis Towers Watson Public Limited Company $WTW

Wellington Management Group LLP boosted its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 145.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,504 shares of the company’s stock after purchasing an additional 9,775 shares during the period. Wellington Management Group LLP’s holdings in Willis Towers Watson Public were worth $4,314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new stake in shares of Willis Towers Watson Public during the second quarter valued at about $25,000. Cedar Mountain Advisors LLC acquired a new position in shares of Willis Towers Watson Public in the first quarter worth about $27,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $28,000. Larson Financial Group LLC boosted its holdings in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Finally, MV Capital Management Inc. acquired a new stake in Willis Towers Watson Public during the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group lifted their price objective on Willis Towers Watson Public from $382.00 to $405.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. The Goldman Sachs Group raised their price target on shares of Willis Towers Watson Public from $316.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings raised shares of Willis Towers Watson Public from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Mizuho increased their price objective on shares of Willis Towers Watson Public from $338.00 to $361.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. Finally, Cantor Fitzgerald increased their price objective on shares of Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $369.38.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $313.72 on Thursday. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $29.14 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 0.93 and a beta of 0.41. The business has a 50 day simple moving average of $319.89 and a 200-day simple moving average of $291.36.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.23. The firm had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.42 billion. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the business posted $2.86 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited Company will post 19.82 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.84 annualized dividend and a dividend yield of 1.2%. Willis Towers Watson Public’s payout ratio is 23.62%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, insurance brokerage and solutions firm serving organizations, institutions and individuals. The company helps clients manage risk, optimize benefits and support workforce performance through a combination of consulting expertise, data, analytics and technology.

WTW’s businesses include risk and insurance brokerage, corporate risk management, actuarial and insurance consulting, retirement and investment consulting, and health and benefits advisory services.