Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by New South Capital Management Inc.

New South Capital Management Inc. decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.4% in the second quarter, HoldingsChannel reports. The firm owned 118,025 shares of the company’s stock after selling 2,920 shares during the quarter. Willis Towers Watson Public accounts for 1.4% of New South Capital Management Inc.’s portfolio, making the stock its 26th biggest position. New South Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $30,939,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Graypoint LLC grew its position in Willis Towers Watson Public by 4.7% during the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after purchasing an additional 37 shares during the period. Blueshift Asset Management LLC raised its position in Willis Towers Watson Public by 2.6% during the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after acquiring an additional 38 shares in the last quarter. US Bancorp DE lifted its holdings in Willis Towers Watson Public by 0.3% in the fourth quarter. US Bancorp DE now owns 12,992 shares of the company’s stock valued at $3,134,000 after acquiring an additional 39 shares during the period. Checchi Capital Advisers LLC lifted its holdings in Willis Towers Watson Public by 5.6% in the first quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock valued at $243,000 after acquiring an additional 47 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in Willis Towers Watson Public by 4.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 0.9 %

NASDAQ WTW opened at $291.09 on Friday. The business has a fifty day moving average price of $275.93 and a 200 day moving average price of $267.46. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. The company has a market cap of $29.76 billion, a P/E ratio of 29.20, a P/E/G ratio of 1.53 and a beta of 0.74. Willis Towers Watson Public Limited has a one year low of $201.03 and a one year high of $296.45.

Willis Towers Watson Public (NASDAQ:WTW) last issued its 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. The business had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.05 earnings per share. Research analysts anticipate that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WTW. Morgan Stanley decreased their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Keefe, Bruyette & Woods upped their price objective 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, July 31st. Wells Fargo & Company raised their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Barclays began coverage on Willis Towers Watson Public in a report on Wednesday. They issued an “underweight” rating and a $278.00 price target for the company. Finally, Roth Mkm raised their price objective on Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and a consensus target price of $298.73.

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.