Leeward Investments LLC MA Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Leeward Investments LLC MA reduced its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 20.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,050 shares of the company’s stock after selling 11,142 shares during the period. Leeward Investments LLC MA’s holdings in Willis Towers Watson Public were worth $12,680,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in Willis Towers Watson Public by 11.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,862 shares of the company’s stock worth $4,087,000 after buying an additional 1,499 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Willis Towers Watson Public by 1.9% during the 1st quarter. Nordea Investment Management AB now owns 7,921 shares of the company’s stock worth $2,185,000 after purchasing an additional 150 shares during the period. GSA Capital Partners LLP bought a new position in Willis Towers Watson Public during the 1st quarter valued at about $514,000. Csenge Advisory Group bought a new position in Willis Towers Watson Public during the 1st quarter valued at about $265,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in Willis Towers Watson Public by 35.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,642 shares of the company’s stock worth $452,000 after purchasing an additional 429 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WTW has been the topic of a number of analyst reports. Roth Mkm upped their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Truist Financial upped their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research report on Tuesday. Morgan Stanley cut their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Finally, Jefferies Financial Group lifted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $312.27.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW opened at $317.31 on Thursday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $31.96 billion, a price-to-earnings ratio of -43.59, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The firm has a 50 day moving average of $293.26 and a 200 day moving average of $274.26. Willis Towers Watson Public Limited has a 52 week low of $234.00 and a 52 week high of $320.10.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the company posted $2.24 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.64 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

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.