Willis Towers Watson Public Limited Company $WTW Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lessened its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,183,708 shares of the company’s stock after selling 54,600 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 6.34% of Willis Towers Watson Public worth $2,136,162,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Artisan Partners Limited Partnership raised its stake in Willis Towers Watson Public by 1.8% during the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock worth $1,096,994,000 after purchasing an additional 62,570 shares during the period. Geode Capital Management LLC grew its position in shares of Willis Towers Watson Public by 0.8% during the second quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock worth $790,908,000 after buying an additional 19,384 shares in the last quarter. Invesco Ltd. lifted its position in shares of Willis Towers Watson Public by 4.8% during the 2nd quarter. Invesco Ltd. now owns 2,279,417 shares of the company’s stock worth $698,642,000 after purchasing an additional 103,695 shares during the last quarter. Norges Bank acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth about $458,662,000. Finally, Dodge & Cox acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $391,837,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on WTW. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. TD Cowen dropped their price target on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Barclays raised their price target on Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a report on Thursday, January 8th. Evercore ISI cut their price target on shares of Willis Towers Watson Public from $387.00 to $383.00 and set an “outperform” rating for the company in a report on Wednesday, January 7th. Finally, Piper Sandler reduced their price target on shares of Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $369.08.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $329.41 on Friday. The company has a market cap of $31.54 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 1.58 and a beta of 0.63. The firm has a 50 day moving average price of $325.63 and a 200 day moving average price of $326.04. Willis Towers Watson Public Limited Company has a 1 year low of $292.97 and a 1 year high of $352.79. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.69 and a current ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.02. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.93 earnings per share. Sell-side 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.92 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is presently 17.52%.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.