HighTower Advisors LLC Has $3.25 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

HighTower Advisors LLC reduced its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,012 shares of the company’s stock after selling 249 shares during the period. HighTower Advisors LLC’s holdings in Willis Towers Watson Public were worth $3,245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of WTW. Cetera Advisors LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth about $211,000. Sequoia Financial Advisors LLC boosted its position in Willis Towers Watson Public by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock valued at $312,000 after purchasing an additional 47 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Willis Towers Watson Public by 15.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,000 shares of the company’s stock valued at $1,049,000 after purchasing an additional 527 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Willis Towers Watson Public by 3.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,692 shares of the company’s stock valued at $444,000 after purchasing an additional 50 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Willis Towers Watson Public by 27.3% during the second quarter. Blue Trust Inc. now owns 1,881 shares of the company’s stock valued at $517,000 after purchasing an additional 403 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $308.37 on Friday. The business’s 50 day moving average is $305.72 and its 200-day moving average is $285.05. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $334.99. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $31.06 billion, a P/E ratio of -42.36, a price-to-earnings-growth ratio of 1.81 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.24 EPS. Equities research analysts predict that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.88 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio is presently -48.35%.

Analyst Ratings Changes

Several research analysts recently commented on WTW shares. Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Roth Mkm increased their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company raised their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, Jefferies Financial Group raised their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $321.80.

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.