Stratos Wealth Partners LTD. Has $2.38 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

Stratos Wealth Partners LTD. increased its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 11.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,778 shares of the company’s stock after acquiring an additional 827 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Willis Towers Watson Public were worth $2,384,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth about $25,000. Cornerstone Planning Group LLC grew its position in Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after buying an additional 75 shares in the last quarter. Crewe Advisors LLC bought a new position in Willis Towers Watson Public during the first quarter valued at about $32,000. Larson Financial Group LLC raised its holdings in Willis Towers Watson Public by 122.9% in the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock valued at $36,000 after acquiring an additional 59 shares in the last quarter. Finally, WPG Advisers LLC acquired a new position in Willis Towers Watson Public in the 1st quarter valued at approximately $43,000. 93.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WTW has been the topic of a number of research reports. Barclays lowered their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating on the stock in a research report on Monday, July 7th. Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Cantor Fitzgerald assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Willis Towers Watson Public in a research report on Wednesday, October 8th. Finally, Wolfe Research raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average target price of $369.42.

Willis Towers Watson Public Stock Up 0.7%

Shares of NASDAQ WTW opened at $330.15 on Monday. Willis Towers Watson Public Limited Company has a 52-week low of $287.05 and a 52-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. The business has a fifty day moving average of $335.67 and a two-hundred day moving average of $318.58. The stock has a market cap of $32.21 billion, a PE ratio of 226.13, a PEG ratio of 2.64 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter last year, the company posted $2.55 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. As a group, equities research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public announced that its board has approved a share buyback program on Thursday, September 18th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 4.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.92 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. Willis Towers Watson Public’s payout ratio is 252.05%.

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.