Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC reduced its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 522,868 shares of the company’s stock after selling 8,450 shares during the quarter. Willis Towers Watson Public comprises 2.8% of Clarkston Capital Partners LLC’s portfolio, making the stock its 13th largest holding. Clarkston Capital Partners LLC’s holdings in Willis Towers Watson Public were worth $154,000,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of WTW. Mizuho Securities USA LLC grew its holdings in shares of Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Willis Towers Watson Public by 17.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after buying an additional 261,562 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Willis Towers Watson Public by 53.0% during the second quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after acquiring an additional 221,108 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its position in Willis Towers Watson Public by 456.5% during the second quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after acquiring an additional 162,741 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.7 %

Willis Towers Watson Public stock opened at $312.65 on Monday. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $320.77. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The business’s fifty day moving average is $296.49 and its two-hundred day moving average is $277.08.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.24 EPS. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 16.67 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors 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 1.13%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WTW shares. Keefe, Bruyette & Woods boosted their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Barclays initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Truist Financial upped their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $312.27.

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.