Marshall Wace LLP Has $22.43 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Marshall Wace LLP boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 415.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,549 shares of the company’s stock after buying an additional 68,949 shares during the period. Marshall Wace LLP’s holdings in Willis Towers Watson Public were worth $22,426,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of WTW. Graypoint LLC boosted its position in shares of Willis Towers Watson Public by 4.7% during the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after purchasing an additional 37 shares in the last quarter. Blueshift Asset Management LLC lifted its stake in Willis Towers Watson Public by 2.6% in the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after buying an additional 38 shares during the period. US Bancorp DE boosted its holdings in shares of Willis Towers Watson Public by 0.3% during the 4th quarter. US Bancorp DE now owns 12,992 shares of the company’s stock worth $3,134,000 after buying an additional 39 shares in the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Willis Towers Watson Public by 5.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock worth $243,000 after buying an additional 47 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Willis Towers Watson Public by 4.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after buying an additional 47 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WTW. Truist Financial increased their target price on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Morgan Stanley cut their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Barclays initiated coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price for the company. Wells Fargo & Company raised their price objective on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Finally, Roth Mkm upped their target price on Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Hold” and an average target price of $298.73.

Willis Towers Watson Public Price Performance

WTW opened at $291.16 on Friday. The firm’s fifty day moving average price is $283.55 and its two-hundred day moving average price is $268.97. The company has a market capitalization of $29.57 billion, a price-to-earnings ratio of 29.20, a P/E/G ratio of 1.50 and a beta of 0.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public Limited has a 1 year low of $203.36 and a 1 year high of $296.45.

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. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the firm posted $2.05 EPS. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. As a group, analysts anticipate that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

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.