Assetmark Inc. Purchases 73 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Assetmark Inc. increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,222 shares of the company’s stock after acquiring an additional 73 shares during the period. Assetmark Inc.’s holdings in Willis Towers Watson Public were worth $1,833,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Board of Administration of Florida Retirement System grew its stake in shares of Willis Towers Watson Public by 6.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after purchasing an additional 7,404 shares during the last quarter. M&G Plc acquired a new stake in shares of Willis Towers Watson Public in the first quarter valued at about $12,318,000. Acadian Asset Management LLC raised its position in shares of Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock worth $114,765,000 after acquiring an additional 350,135 shares during the last quarter. Swedbank AB acquired a new position in shares of Willis Towers Watson Public in the first quarter worth approximately $4,512,000. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Willis Towers Watson Public by 2.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 115,262 shares of the company’s stock worth $31,706,000 after acquiring an additional 3,021 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on WTW shares. Barclays started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price target on the stock. Roth Mkm lifted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and a consensus target price of $312.27.

Willis Towers Watson Public Stock Down 0.2 %

WTW stock opened at $316.88 on Thursday. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. The stock has a fifty day moving average of $295.19 and a 200-day moving average of $275.93. The company has a market capitalization of $31.92 billion, a price-to-earnings ratio of -43.53, a PEG ratio of 1.98 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. 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 negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.24 EPS. As a group, equities research analysts predict that Willis Towers Watson Public Limited will post 16.66 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.