2,740 Shares in Willis Towers Watson Public Limited Company $WTW Acquired by Realta Investment Advisors

Realta Investment Advisors acquired a new position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 2,740 shares of the company’s stock, valued at approximately $947,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its holdings in shares of Willis Towers Watson Public by 4.7% during the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after purchasing an additional 61 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Willis Towers Watson Public by 37.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,527 shares of the company’s stock worth $4,571,000 after buying an additional 3,659 shares in the last quarter. NewEdge Advisors LLC grew its stake in Willis Towers Watson Public by 7.6% during the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after buying an additional 182 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Willis Towers Watson Public in the 1st quarter valued at about $583,000. Finally, Empowered Funds LLC raised its position in shares of Willis Towers Watson Public by 16.9% in the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after buying an additional 347 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $331.38 on Thursday. The stock has a market cap of $31.73 billion, a price-to-earnings ratio of 15.77, a P/E/G ratio of 1.61 and a beta of 0.63. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79. The company’s fifty day moving average is $324.27 and its 200 day moving average is $324.77. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.61.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.02. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.Willis Towers Watson Public’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the company earned $2.93 EPS. Sell-side analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public announced that its board has authorized a share repurchase plan on Thursday, September 18th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the company to reacquire up to 4.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 31st. Willis Towers Watson Public’s payout ratio is currently 17.52%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WTW. 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. Barclays reduced their target price on Willis Towers Watson Public from $341.00 to $303.00 and set an “underweight” rating on the stock in a report on Thursday, November 20th. Wells Fargo & Company dropped their price objective on Willis Towers Watson Public from $362.00 to $356.00 and set an “overweight” rating for the company in a research report on Friday, December 12th. Mizuho initiated coverage on Willis Towers Watson Public in a research note on Tuesday, December 16th. They issued an “outperform” rating and a $386.00 price objective on the stock. Finally, Piper Sandler lowered their target price on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.92.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.