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

Jefferies Financial Group Inc. bought a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 26,893 shares of the company’s stock, valued at approximately $7,751,000.

Other large investors have also recently modified their holdings of the company. Trust Co. of Vermont acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth $25,000. Western Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public during the 1st quarter worth $30,000. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in Willis Towers Watson Public in the third quarter valued at about $31,000. Raiffeisen Bank International AG boosted its stake in Willis Towers Watson Public by 37.8% in the second quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock valued at $33,000 after buying an additional 34 shares in the last quarter. Finally, Atmos Advisory LLC acquired a new stake in Willis Towers Watson Public in the third quarter valued at about $55,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the topic of a number of recent analyst reports. BMO Capital Markets decreased their target price on Willis Towers Watson Public from $365.00 to $332.00 and set an “outperform” rating on the stock in a research report on Thursday, October 1st. Evercore increased their target price on shares of Willis Towers Watson Public from $374.00 to $390.00 in a report on Wednesday, October 28th. Citigroup downgraded shares of Willis Towers Watson Public from a “buy” rating to a “neutral” rating and raised their price target for the company from $300.00 to $345.00 in a research note on Monday, August 3rd. Mizuho set a $370.00 price target on shares of Willis Towers Watson Public in a report on Monday, November 2nd. Finally, The Goldman Sachs Group decreased their price target on shares of Willis Towers Watson Public from $385.00 to $361.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $370.11.

Willis Towers Watson Public Price Performance

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

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

Willis Towers Watson Public Dividend Announcement

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

About Willis Towers Watson Public

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.