Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 12.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,026 shares of the company’s stock after purchasing an additional 460 shares during the quarter. Sanctuary Advisors LLC’s holdings in Willis Towers Watson Public were worth $1,266,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. New Millennium Group LLC acquired a new position in Willis Towers Watson Public during the second quarter worth $54,000. Farther Finance Advisors LLC lifted its stake in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after acquiring an additional 43 shares in the last quarter. Finally, LRI Investments LLC boosted its stake in shares of Willis Towers Watson Public by 29.9% in the second quarter. LRI Investments LLC now owns 274 shares of the company’s stock valued at $72,000 after purchasing an additional 63 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $317.57 on Friday. The firm has a market cap of $31.99 billion, a price-to-earnings ratio of -43.62, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 1-year low of $234.88 and a 1-year high of $334.99. The firm’s fifty day moving average price is $308.51 and its 200 day moving average price is $287.68.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results 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 business had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.24 earnings per share. On average, sell-side analysts expect that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is -48.35%.

Wall Street Analyst Weigh In

WTW has been the subject of several recent research reports. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Barclays upped their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. 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 research report on Wednesday, October 2nd. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the company from $352.00 to $382.00 in a research report on Friday. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.33.

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.