Fielder Capital Group LLC Reduces Holdings in Willis Towers Watson Public Limited Company $WTW

Fielder Capital Group LLC decreased its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 11.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,101 shares of the company’s stock after selling 139 shares during the period. Fielder Capital Group LLC’s holdings in Willis Towers Watson Public were worth $338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. raised its stake in Willis Towers Watson Public by 2.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 249,561 shares of the company’s stock worth $76,490,000 after acquiring an additional 4,892 shares during the period. Ground Swell Capital LLC bought a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $675,000. R Squared Ltd raised its stake in Willis Towers Watson Public by 33.1% during the 2nd quarter. R Squared Ltd now owns 1,464 shares of the company’s stock worth $449,000 after acquiring an additional 364 shares during the period. D.A. Davidson & CO. raised its stake in Willis Towers Watson Public by 76.4% during the 2nd quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock worth $733,000 after acquiring an additional 1,036 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its stake in Willis Towers Watson Public by 0.7% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 30,437 shares of the company’s stock worth $9,218,000 after acquiring an additional 207 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Willis Towers Watson Public in a research report on Friday. Wolfe Research upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. Barclays reduced their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating on the stock in a research report on Monday, July 7th. Finally, Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $377.00 to $382.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.42.

Willis Towers Watson Public Stock Down 0.9%

NASDAQ WTW opened at $328.34 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. The company has a fifty day moving average of $335.66 and a two-hundred day moving average of $319.30. The firm has a market capitalization of $32.03 billion, a price-to-earnings ratio of 224.89, a PEG ratio of 2.65 and a beta of 0.73. Willis Towers Watson Public Limited Company has a 52 week low of $289.12 and a 52 week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, July 31st. The company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.23 billion. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. Willis Towers Watson Public’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.55 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Willis Towers Watson Public’s payout ratio is presently 252.05%.

Willis Towers Watson Public announced that its Board of Directors has initiated a share buyback plan on Thursday, September 18th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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.