Dynamic Technology Lab Private Ltd Purchases New Shares in Willis Towers Watson Public Limited Company $WTW

Key Points

• Dynamic Technology Lab Private Ltd has invested approximately $583,000 to acquire 1,725 shares in Willis Towers Watson Public Limited Company (NASDAQ: WTW) during the first quarter.
• The company reported $2.86 earnings per share for the last quarter, exceeding the analyst consensus estimate of $2.65, with a revenue of $2.26 billion.
• Willis Towers Watson has announced a quarterly dividend of $0.92 per share which will be paid on October 15th, representing a 1.1% dividend yield.

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,725 shares of the company's stock, valued at approximately $583,000.

Several other institutional investors and hedge funds have also made changes to their positions in WTW. Wayfinding Financial LLC acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its position in Willis Towers Watson Public by 750.0% in the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock worth $28,000 after buying an additional 75 shares during the period. McIlrath & Eck LLC acquired a new stake in Willis Towers Watson Public in the fourth quarter worth $30,000. Crewe Advisors LLC acquired a new stake in Willis Towers Watson Public in the first quarter worth $32,000. Finally, Larson Financial Group LLC increased its position in Willis Towers Watson Public by 122.9% in the first quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after buying an additional 59 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

WTW stock traded down $2.98 during trading hours on Tuesday, hitting $330.72. 487,355 shares of the stock traded hands, compared to its average volume of 444,017. The stock has a 50-day simple moving average of $322.66 and a 200 day simple moving average of $317.56. Willis Towers Watson Public Limited Company has a one year low of $286.00 and a one year high of $344.14. The company has a market cap of $32.26 billion, a P/E ratio of 226.52, a P/E/G ratio of 2.66 and a beta of 0.71. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The business had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.23 billion. During the same quarter last year, the business posted $2.55 earnings per share. The company's quarterly revenue was down .2% on a year-over-year basis. Equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $3.68 annualized dividend and a yield of 1.1%. Willis Towers Watson Public's dividend payout ratio (DPR) is currently 252.05%.

Analyst Ratings Changes

WTW has been the topic of several analyst reports. Cantor Fitzgerald initiated coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 target price on the stock. Citigroup initiated coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a "neutral" rating and a $351.00 target price on the stock. Wells Fargo & Company dropped their target price on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research report on Thursday, July 10th. Barclays dropped their target price on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a research report on Monday, July 7th. Finally, Morgan Stanley increased their target price on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an "equal weight" rating in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and an average price target of $362.92.

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.