QRG Capital Management Inc. Has $5.16 Million Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

QRG Capital Management Inc. cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 19.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,777 shares of the company’s stock after selling 4,435 shares during the period. QRG Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $5,164,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Headlands Technologies LLC increased its position in Willis Towers Watson Public by 68.2% in the 1st quarter. Headlands Technologies LLC now owns 8,551 shares of the company’s stock worth $2,352,000 after buying an additional 3,466 shares during the period. New South Capital Management Inc. increased its position in Willis Towers Watson Public by 0.7% during the first quarter. New South Capital Management Inc. now owns 120,945 shares of the company’s stock worth $33,260,000 after acquiring an additional 801 shares during the period. Forsta AP Fonden raised its stake in Willis Towers Watson Public by 33.2% during the 1st quarter. Forsta AP Fonden now owns 25,300 shares of the company’s stock valued at $6,958,000 after purchasing an additional 6,300 shares during the last quarter. SG Americas Securities LLC raised its stake in Willis Towers Watson Public by 158.0% during the 1st quarter. SG Americas Securities LLC now owns 145,687 shares of the company’s stock valued at $40,064,000 after purchasing an additional 89,222 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in Willis Towers Watson Public by 614.6% in the 1st quarter. Empowered Funds LLC now owns 9,111 shares of the company’s stock valued at $2,506,000 after purchasing an additional 7,836 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $4.06 during trading hours on Wednesday, reaching $268.38. 33,560 shares of the company were exchanged, compared to its average volume of 449,945. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89. The company has a market cap of $27.44 billion, a price-to-earnings ratio of 26.51, a P/E/G ratio of 1.50 and a beta of 0.73. The stock’s fifty day moving average is $257.35 and its two-hundred day moving average is $260.52. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $2.84 earnings per share. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Sunday, June 30th were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WTW. Evercore ISI increased their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research note on Friday, April 26th. Bank of America upgraded Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $272.00 to $304.00 in a research report on Wednesday, May 22nd. Morgan Stanley lowered their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Citigroup reduced their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a research report on Monday, April 29th. Finally, Raymond James reissued an “outperform” rating and issued a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $296.29.

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.