Asset Management One Co. Ltd. Has $13.27 Million Position in Willis Towers Watson Public Limited Company $WTW

Asset Management One Co. Ltd. reduced its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,307 shares of the company’s stock after selling 198 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Willis Towers Watson Public were worth $13,274,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Bessemer Group Inc. lifted its stake in Willis Towers Watson Public by 35.6% in the first quarter. Bessemer Group Inc. now owns 1,208 shares of the company’s stock valued at $408,000 after acquiring an additional 317 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Willis Towers Watson Public by 22.6% in the first quarter. PNC Financial Services Group Inc. now owns 14,108 shares of the company’s stock valued at $4,768,000 after acquiring an additional 2,596 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Willis Towers Watson Public by 15.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,011 shares of the company’s stock valued at $2,031,000 after acquiring an additional 815 shares during the last quarter. Townsquare Capital LLC lifted its stake in Willis Towers Watson Public by 33.9% in the first quarter. Townsquare Capital LLC now owns 9,196 shares of the company’s stock valued at $3,108,000 after acquiring an additional 2,327 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Willis Towers Watson Public by 2.2% in the first quarter. Janney Montgomery Scott LLC now owns 2,541 shares of the company’s stock valued at $859,000 after acquiring an additional 54 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wells Fargo & Company lifted 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 research note on Wednesday, October 8th. Raymond James Financial reiterated a “strong-buy” rating and issued a $400.00 target price (up from $380.00) on shares of Willis Towers Watson Public in a research note on Monday, September 22nd. Barclays reduced their target price on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a research note on Monday, July 7th. Evercore ISI boosted their price objective on shares of Willis Towers Watson Public from $373.00 to $387.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Willis Towers Watson Public in a research note on Friday. One 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $369.42.

Willis Towers Watson Public Trading Down 0.9%

Shares of WTW stock opened at $328.34 on Monday. Willis Towers Watson Public Limited Company has a 1 year low of $289.12 and a 1 year high of $352.79. The firm’s fifty day simple moving average is $335.66 and its 200 day simple moving average is $319.45. The firm has a market capitalization of $32.03 billion, a P/E ratio of 224.89, a price-to-earnings-growth ratio of 2.63 and a beta of 0.73. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same quarter in the previous year, the firm posted $2.55 earnings per share. Willis Towers Watson Public’s revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

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

Willis Towers Watson Public Dividend Announcement

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

About Willis Towers Watson Public

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.