Profund Advisors LLC Sells 40 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Profund Advisors LLC decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,485 shares of the company’s stock after selling 40 shares during the period. Profund Advisors LLC’s holdings in Willis Towers Watson Public were worth $389,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of WTW. Richardson Financial Services Inc. purchased a new position in Willis Towers Watson Public in the first quarter worth $28,000. American National Bank bought a new stake in Willis Towers Watson Public during the 2nd quarter valued at $36,000. Beacon Capital Management LLC lifted its holdings in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after purchasing an additional 101 shares in the last quarter. New Millennium Group LLC purchased a new stake in shares of Willis Towers Watson Public in the second quarter worth about $54,000. Finally, LRI Investments LLC purchased a new stake in Willis Towers Watson Public in the 1st quarter worth approximately $58,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Barclays assumed coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock. Morgan Stanley reduced their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Roth Mkm increased their price target on shares of 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. Finally, Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Hold” and a consensus target price of $298.73.

Willis Towers Watson Public Trading Up 0.3 %

Shares of NASDAQ WTW opened at $291.16 on Friday. The business has a fifty day moving average price of $283.55 and a 200 day moving average price of $268.97. Willis Towers Watson Public Limited has a 1-year low of $203.36 and a 1-year high of $296.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. The stock has a market capitalization of $29.57 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.27. The firm 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%. The company’s quarterly 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. Equities research analysts expect that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

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.