Thompson Siegel & Walmsley LLC Acquires 19,407 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Thompson Siegel & Walmsley LLC boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 247,982 shares of the company’s stock after purchasing an additional 19,407 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Willis Towers Watson Public were worth $65,006,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Willis Towers Watson Public during the 4th quarter valued at approximately $300,782,000. Balyasny Asset Management L.P. purchased a new position in Willis Towers Watson Public during the fourth quarter worth $107,010,000. Acadian Asset Management LLC increased its position in Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after acquiring an additional 350,135 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Willis Towers Watson Public by 17.8% in the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after acquiring an additional 261,562 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Willis Towers Watson Public by 22.5% in the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after acquiring an additional 185,126 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of WTW stock opened at $290.70 on Friday. Willis Towers Watson Public Limited has a fifty-two week low of $202.72 and a fifty-two week high of $296.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. The firm has a market capitalization of $29.52 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 1.50 and a beta of 0.74. The stock’s 50-day simple moving average is $278.95 and its 200-day simple moving average is $267.98.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. Willis Towers Watson Public’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.88 dividend. The ex-dividend date is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.31%.

Analysts Set New Price Targets

WTW has been the topic of several analyst reports. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Roth Mkm raised their price target on Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective on the stock. Finally, Truist Financial lifted their target price on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $298.73.

Willis Towers Watson Public 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.