Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,002,167 shares of the company’s stock after buying an additional 10,856 shares during the quarter. Willis Towers Watson Public comprises about 0.6% of Victory Capital Management Inc.’s investment portfolio, making the stock its 15th biggest position. Victory Capital Management Inc. owned about 1.99% of Willis Towers Watson Public worth $589,698,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in WTW. GSA Capital Partners LLP purchased a new stake in Willis Towers Watson Public in the 1st quarter valued at about $514,000. Envestnet Portfolio Solutions Inc. increased its position in Willis Towers Watson Public by 35.4% during the first 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 last quarter. Heritage Wealth Advisors raised its stake in Willis Towers Watson Public by 44.3% during the first quarter. Heritage Wealth Advisors now owns 241 shares of the company’s stock worth $66,000 after purchasing an additional 74 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of Willis Towers Watson Public by 4.0% in the 1st quarter. Bleakley Financial Group LLC now owns 2,467 shares of the company’s stock valued at $678,000 after purchasing an additional 96 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Willis Towers Watson Public by 18.0% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 13,349 shares of the company’s stock valued at $3,671,000 after buying an additional 2,035 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of WTW stock traded up $3.81 during trading hours on Tuesday, reaching $318.99. 105,090 shares of the company’s stock were exchanged, compared to its average volume of 474,169. The business has a fifty day moving average price of $294.68 and a 200-day moving average price of $275.46. The stock has a market capitalization of $32.13 billion, a P/E ratio of -43.29, a P/E/G ratio of 1.98 and a beta of 0.73. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the prior year, the company posted $2.24 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Analysts predict that Willis Towers Watson Public Limited will post 16.64 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s payout ratio is presently -48.35%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WTW shares. Roth Mkm boosted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Jefferies Financial Group lifted their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Barclays began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective for the company. Finally, Wells Fargo & Company lifted their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $312.27.

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.