Heartland Advisors Inc. Has $8.28 Million Stock Holdings in Willis Towers Watson Public Limited Company $WTW

Heartland Advisors Inc. lifted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 25.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,959 shares of the company’s stock after purchasing an additional 4,859 shares during the quarter. Heartland Advisors Inc.’s holdings in Willis Towers Watson Public were worth $8,277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC raised its holdings in shares of Willis Towers Watson Public by 48.3% during the third quarter. Wealthfront Advisers LLC now owns 17,840 shares of the company’s stock worth $6,163,000 after acquiring an additional 5,813 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth about $651,000. Capital Fund Management S.A. purchased a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth about $9,570,000. Figure 8 Investment Strategies LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $1,959,000. Finally, D.A. Davidson & CO. increased its holdings in Willis Towers Watson Public by 76.4% in the second quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock worth $733,000 after buying an additional 1,036 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Up 1.7%

Shares of Willis Towers Watson Public stock opened at $287.74 on Tuesday. The company has a market cap of $27.55 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.30 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 1 year low of $275.60 and a 1 year high of $352.79. The company’s fifty day simple moving average is $322.74 and its 200-day simple moving average is $326.95. The company has a current ratio of 2.21, a quick ratio of 1.69 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the prior year, the firm earned $8.13 EPS. The business’s revenue was down 3.3% on a year-over-year basis. As a group, sell-side analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.92 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio is 22.47%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Cantor Fitzgerald dropped their price target on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Piper Sandler cut their target price on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. UBS Group upped their price target on Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a report on Tuesday, January 6th. Finally, Wells Fargo & Company upped their target price on Willis Towers Watson Public from $366.00 to $379.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $374.57.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.