25,114 Shares in Willis Towers Watson Public Limited Company $WTW Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 25,114 shares of the company’s stock, valued at approximately $7,239,000.

A number of other large investors have also recently added to or reduced their stakes in WTW. Cedar Mountain Advisors LLC acquired a new position in Willis Towers Watson Public in the first quarter valued at approximately $27,000. Trust Co. of Vermont acquired a new stake in Willis Towers Watson Public during the second quarter worth $25,000. Western Wealth Management LLC purchased a new stake in Willis Towers Watson Public in the first quarter valued at $30,000. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in Willis Towers Watson Public in the third quarter valued at $31,000. Finally, Raiffeisen Bank International AG lifted its stake in shares of Willis Towers Watson Public by 37.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock valued at $33,000 after purchasing an additional 34 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 3.0%

Shares of NASDAQ WTW opened at $337.37 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $31.11 billion, a PE ratio of 17.41, a PEG ratio of 0.95 and a beta of 0.44. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $351.51. The stock has a fifty day simple moving average of $314.02 and a 200-day simple moving average of $297.39.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.04. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. The firm had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the prior year, the company earned $3.07 EPS. Willis Towers Watson Public’s revenue was up 7.5% on a year-over-year basis. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post 19.78 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently 23.43%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research analyst reports. TD Cowen increased their price target on Willis Towers Watson Public from $391.00 to $455.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Cantor Fitzgerald boosted their price objective on shares of Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Evercore upped their target price on shares of Willis Towers Watson Public from $374.00 to $390.00 in a research report on Wednesday, October 28th. Robert W. Baird lowered their target price on shares of Willis Towers Watson Public from $385.00 to $383.00 in a research note on Friday, October 30th. Finally, Morgan Stanley lowered their target price on shares of Willis Towers Watson Public from $350.00 to $310.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $369.94.

Willis Towers Watson Public Profile

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and improve performance. Its clients include corporations, governments, institutions and individuals across a range of industries and markets.

The company’s services include insurance brokerage and risk management, reinsurance, employee benefits consulting, retirement and investment advisory, and human capital and organizational consulting.