Public Sector Pension Investment Board Has $4.54 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Public Sector Pension Investment Board lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 6.9% in the 2nd quarter, Holdings Channel reports. The firm owned 17,330 shares of the company’s stock after buying an additional 1,114 shares during the quarter. Public Sector Pension Investment Board’s holdings in Willis Towers Watson Public were worth $4,543,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of WTW. Richardson Financial Services Inc. acquired a new position in Willis Towers Watson Public during the first quarter valued at approximately $28,000. American National Bank bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth $36,000. Beacon Capital Management LLC grew its stake in Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after buying an additional 101 shares during the last quarter. New Millennium Group LLC bought a new position in Willis Towers Watson Public in the 2nd quarter worth $54,000. Finally, LRI Investments LLC acquired a new position in Willis Towers Watson Public during the 1st quarter worth $58,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Up 0.3 %

Shares of WTW opened at $291.16 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56. The stock has a market cap of $29.57 billion, a PE ratio of 29.20, a PEG ratio of 1.50 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $203.36 and a 1 year high of $296.45. The stock has a 50 day simple moving average of $283.55 and a 200-day simple moving average of $268.97.

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, beating analysts’ consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period last year, the business earned $2.05 earnings per share. The business’s revenue was up 4.9% on a year-over-year basis. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have recently issued reports on WTW. Truist Financial raised their price target on Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Wells Fargo & Company raised their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Roth Mkm upped their price target on Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Finally, Morgan Stanley cut their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $298.73.

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.