Creative Planning Boosts Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Creative Planning increased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,474 shares of the company’s stock after acquiring an additional 327 shares during the period. Creative Planning’s holdings in Willis Towers Watson Public were worth $3,969,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of WTW. Richardson Financial Services Inc. purchased a new position in Willis Towers Watson Public during the 1st quarter valued at about $28,000. American National Bank purchased a new position in Willis Towers Watson Public during the 2nd quarter valued at $36,000. Beacon Capital Management LLC raised its holdings 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 worth $48,000 after purchasing an additional 101 shares in the last quarter. New Millennium Group LLC bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at about $54,000. Finally, LRI Investments LLC purchased a new stake in Willis Towers Watson Public in the first quarter worth about $58,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Down 0.0 %

Shares of NASDAQ:WTW opened at $290.45 on Friday. The stock’s 50-day simple moving average is $290.65 and its two-hundred day simple moving average is $271.97. The stock has a market capitalization of $29.50 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 1.84 and a beta of 0.74. Willis Towers Watson Public Limited has a 52-week low of $220.00 and a 52-week high of $303.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the business posted $2.05 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. Analysts expect that Willis Towers Watson Public Limited will post 16.49 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s payout ratio is 33.68%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WTW. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $321.00 to $334.00 and gave the company an “overweight” rating in a research report on Thursday, October 3rd. Jefferies Financial Group raised their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods upped their price target on 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. Truist Financial increased their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Finally, Roth Mkm lifted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One investment 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 has a consensus rating of “Hold” and an average target price of $309.47.

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.