Elo Mutual Pension Insurance Co Acquires 2,984 Shares of Willis Towers Watson Public Limited Company $WTW

Elo Mutual Pension Insurance Co increased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 29.7% in the third quarter, Holdings Channel.com reports. The firm owned 13,040 shares of the company’s stock after acquiring an additional 2,984 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Willis Towers Watson Public were worth $4,505,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in WTW. Vanguard Group Inc. boosted its position in Willis Towers Watson Public by 0.9% during the third quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock valued at $3,928,792,000 after buying an additional 103,784 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Willis Towers Watson Public by 2.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock valued at $1,912,041,000 after acquiring an additional 146,104 shares during the last quarter. Artisan Partners Limited Partnership boosted its holdings in Willis Towers Watson Public by 1.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after acquiring an additional 62,570 shares during the period. Geode Capital Management LLC boosted its holdings in Willis Towers Watson Public by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock valued at $790,908,000 after acquiring an additional 19,384 shares during the period. Finally, Invesco Ltd. grew its position in Willis Towers Watson Public by 4.8% during the 2nd quarter. Invesco Ltd. now owns 2,279,417 shares of the company’s stock worth $698,642,000 after acquiring an additional 103,695 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.3%

NASDAQ:WTW opened at $303.07 on Wednesday. The company has a 50-day moving average price of $316.61 and a 200-day moving average price of $324.89. The stock has a market cap of $28.66 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 1.36 and a beta of 0.62. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public Limited Company has a 12 month low of $275.60 and a 12 month high of $352.79.

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

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.96 per share. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio is presently 22.47%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. TD Cowen dropped their price objective on 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. Wells Fargo & Company increased their price target on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald decreased their price objective on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Barclays upped their price objective on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Willis Towers Watson Public in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $371.50.

About Willis Towers Watson Public

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.