Checchi Capital Advisers LLC Sells 59 Shares of Willis Towers Watson Public Limited Company $WTW

Checchi Capital Advisers LLC reduced its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report) by 6.6% in the second quarter, Holdings Channel reports. The institutional investor owned 833 shares of the company’s stock after selling 59 shares during the period. Checchi Capital Advisers LLC’s holdings in Willis Towers Watson Public were worth $255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC increased its holdings in Willis Towers Watson Public by 1.8% during the first quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company’s stock valued at $682,000 after buying an additional 35 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Willis Towers Watson Public by 10.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 392 shares of the company’s stock valued at $120,000 after buying an additional 36 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after buying an additional 39 shares during the last quarter. Brighton Jones LLC increased its holdings in Willis Towers Watson Public by 2.9% during the first quarter. Brighton Jones LLC now owns 1,408 shares of the company’s stock valued at $476,000 after buying an additional 40 shares during the last quarter. Finally, Mather Group LLC. increased its holdings in Willis Towers Watson Public by 6.2% during the first quarter. Mather Group LLC. now owns 718 shares of the company’s stock valued at $243,000 after buying an additional 42 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on WTW shares. Evercore ISI upped their target price on shares of Willis Towers Watson Public from $373.00 to $387.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Barclays reduced their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a research note on Monday, July 7th. Citigroup assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 price objective for the company. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $358.00 to $377.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $368.75.

Check Out Our Latest Stock Report on Willis Towers Watson Public

Willis Towers Watson Public Stock Performance

WTW opened at $349.93 on Wednesday. The stock has a market capitalization of $34.14 billion, a price-to-earnings ratio of 239.68, a PEG ratio of 2.78 and a beta of 0.73. The company has a fifty day moving average of $332.88 and a 200 day moving average of $318.73. Willis Towers Watson Public Limited Company has a fifty-two week low of $287.05 and a fifty-two week high of $352.79. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last posted its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. Willis Towers Watson Public’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $2.55 earnings per share. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 252.05%.

Willis Towers Watson Public declared that its board has authorized a stock buyback plan on Thursday, September 18th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Willis Towers Watson Public Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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