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

Other large investors also recently modified their holdings of the company. Wayfinding Financial LLC purchased a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its position in shares of Willis Towers Watson Public by 750.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock valued at $28,000 after purchasing an additional 75 shares during the last quarter. McIlrath & Eck LLC purchased a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at approximately $30,000. Crewe Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at approximately $32,000. Finally, Larson Financial Group LLC increased its position in shares of Willis Towers Watson Public by 122.9% in the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company's stock valued at $36,000 after purchasing an additional 59 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock traded down $1.66 during midday trading on Friday, hitting $338.79. 417,870 shares of the company's stock were exchanged, compared to its average volume of 451,398. Willis Towers Watson Public Limited Company has a 12-month low of $286.00 and a 12-month high of $344.14. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a market cap of $33.05 billion, a price-to-earnings ratio of 232.05, a price-to-earnings-growth ratio of 2.71 and a beta of 0.71. The firm's 50 day simple moving average is $321.58 and its 200 day simple moving average is $317.63.

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

Willis Towers Watson Public Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have commented on WTW. Wells Fargo & Company dropped their price objective on shares of 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 shares of 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. Cantor Fitzgerald initiated coverage on shares of 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 shares of 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. Finally, Morgan Stanley increased their target price on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a research report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus price target of $362.92.

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.