Heartland Advisors Inc. Has $8.28 Million Stock Holdings in Willis Towers Watson Public Limited Company $WTW

Heartland Advisors Inc. boosted its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 25.4% during the third quarter, HoldingsChannel.com reports. The fund owned 23,959 shares of the company’s stock after purchasing an additional 4,859 shares during the period. Heartland Advisors Inc.’s holdings in Willis Towers Watson Public were worth $8,277,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTW. Quadcap Wealth Management LLC boosted its holdings in Willis Towers Watson Public by 4.8% during the second quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock valued at $229,000 after purchasing an additional 34 shares in the last quarter. Wedmont Private Capital boosted its stake in Willis Towers Watson Public by 3.8% in the 3rd quarter. Wedmont Private Capital now owns 919 shares of the company’s stock valued at $322,000 after buying an additional 34 shares in the last quarter. World Investment Advisors grew its position in Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock valued at $269,000 after acquiring an additional 35 shares during the period. Ethic Inc. lifted its holdings in shares of Willis Towers Watson Public by 0.3% during the third quarter. Ethic Inc. now owns 14,050 shares of the company’s stock valued at $4,853,000 after acquiring an additional 36 shares during the period. Finally, Gateway Investment Advisers LLC boosted its stake in shares of Willis Towers Watson Public by 1.7% in the 3rd quarter. Gateway Investment Advisers LLC now owns 2,284 shares of the company’s stock valued at $789,000 after purchasing an additional 38 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of several analyst reports. Mizuho began coverage on shares of Willis Towers Watson Public in a report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price target for the company. TD Cowen cut their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Truist Financial increased their price target on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Citigroup lifted their price objective on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Finally, Cantor Fitzgerald decreased their target price on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and a consensus price target of $374.57.

Willis Towers Watson Public Stock Up 1.7%

Shares of WTW opened at $287.74 on Tuesday. The business’s fifty day moving average price is $322.74 and its two-hundred day moving average price is $326.95. The firm has a market capitalization of $27.55 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.30 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 52 week low of $275.60 and a 52 week high of $352.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.69 and a current ratio of 2.21.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $8.13 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.3%. Willis Towers Watson Public’s payout ratio is currently 22.47%.

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.