1,135 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Purchased by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,135 shares of the company’s stock, valued at approximately $312,000.

Other hedge funds have also bought and sold shares of the company. First Eagle Investment Management LLC increased its holdings in Willis Towers Watson Public by 2.9% in the 4th quarter. First Eagle Investment Management LLC now owns 5,568,252 shares of the company’s stock valued at $1,343,062,000 after buying an additional 158,234 shares during the period. Victory Capital Management Inc. increased its holdings in Willis Towers Watson Public by 4,811.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,472,707 shares of the company’s stock valued at $355,217,000 after buying an additional 1,442,722 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Willis Towers Watson Public by 2.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,466,992 shares of the company’s stock valued at $403,423,000 after purchasing an additional 32,792 shares in the last quarter. Norges Bank acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at approximately $300,782,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Willis Towers Watson Public by 3.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 659,964 shares of the company’s stock valued at $159,177,000 after purchasing an additional 23,805 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Down 0.5 %

WTW stock traded down $1.34 during midday trading on Friday, reaching $283.02. 381,501 shares of the company’s stock traded hands, compared to its average volume of 423,761. The company has a market cap of $28.74 billion, a price-to-earnings ratio of 28.39, a P/E/G ratio of 1.48 and a beta of 0.73. The firm’s fifty day moving average price is $262.51 and its 200-day moving average price is $263.26. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a 52 week low of $195.29 and a 52 week high of $285.99.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the business posted $2.05 EPS. Willis Towers Watson Public’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.57 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were paid a $0.88 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.24%. Willis Towers Watson Public’s payout ratio is 35.31%.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of research analyst reports. Bank of America upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and raised their price target for the company from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Morgan Stanley cut their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Evercore ISI lifted their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research report on Friday, April 26th. Truist Financial lifted their target price on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $300.21.

Willis Towers Watson Public Company Profile

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.