Leeward Investments LLC MA Sells 883 Shares of Willis Towers Watson Public Limited Company $WTW

Leeward Investments LLC MA cut its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 2.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 39,382 shares of the company’s stock after selling 883 shares during the period. Leeward Investments LLC MA’s holdings in Willis Towers Watson Public were worth $12,070,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Wayfinding Financial LLC bought a new position in Willis Towers Watson Public during the first quarter worth about $25,000. Cornerstone Planning Group LLC increased its position in Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after acquiring an additional 75 shares during the period. Larson Financial Group LLC increased its position in Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock worth $36,000 after acquiring an additional 59 shares during the period. WPG Advisers LLC bought a new position in Willis Towers Watson Public during the first quarter worth about $43,000. Finally, Geneos Wealth Management Inc. increased its position in Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares during the period. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Trading Down 0.9%

WTW opened at $328.34 on Friday. The company’s 50 day moving average is $335.66 and its 200-day moving average is $319.42. Willis Towers Watson Public Limited Company has a 1-year low of $289.12 and a 1-year high of $352.79. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The company has a market cap of $32.03 billion, a P/E ratio of 224.89, a PEG ratio of 2.63 and a beta of 0.73.

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

Willis Towers Watson Public announced that its board has approved a stock repurchase program on Thursday, September 18th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 252.05%.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of recent research reports. Morgan Stanley raised their price target on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Monday, August 18th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Wells Fargo & Company raised their target price on shares of Willis Towers Watson Public from $377.00 to $382.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Willis Towers Watson Public in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $369.42.

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.