Mirae Asset Global Investments Co. Ltd. Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mirae Asset Global Investments Co. Ltd. boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 31.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,553 shares of the company’s stock after buying an additional 2,057 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Willis Towers Watson Public were worth $2,506,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of WTW. State Board of Administration of Florida Retirement System boosted its stake in shares of Willis Towers Watson Public by 6.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after buying an additional 7,404 shares during the last quarter. M&G Plc purchased a new position in Willis Towers Watson Public in the first quarter worth about $12,318,000. Acadian Asset Management LLC grew its stake in shares of Willis Towers Watson Public by 520.3% during the 1st quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after purchasing an additional 350,135 shares during the period. Swedbank AB purchased a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at about $4,512,000. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Willis Towers Watson Public by 2.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 115,262 shares of the company’s stock worth $31,706,000 after purchasing an additional 3,021 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.5 %

Shares of Willis Towers Watson Public stock opened at $293.54 on Thursday. Willis Towers Watson Public Limited has a twelve month low of $232.77 and a twelve month high of $303.42. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. The business has a 50-day moving average price of $291.26 and a 200-day moving average price of $272.67. The firm has a market cap of $29.81 billion, a price-to-earnings ratio of 28.09, a PEG ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s payout ratio is 33.68%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WTW. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Jefferies Financial Group boosted their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Morgan Stanley decreased their price objective 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. Finally, Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $309.47.

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.