Intech Investment Management LLC Has $16.81 Million Holdings in Willis Towers Watson Public Limited Company $WTW

Key Points

• Intech Investment Management LLC reduced its stake in Willis Towers Watson by 34.3%, selling 25,913 shares, and now owns approximately 49,740 shares valued at $16.81 million.
• Willis Towers Watson announced a quarterly dividend of $0.92 per share, with an ex-dividend date of September 30, representing a yield of 1.1%.
• The company reported earnings of $2.86 EPS for the last quarter, surpassing analysts' expectations and indicating a net margin of 1.40%.

Intech Investment Management LLC lowered its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 34.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,740 shares of the company's stock after selling 25,913 shares during the quarter. Intech Investment Management LLC owned approximately 0.05% of Willis Towers Watson Public worth $16,810,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley raised their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a report on Monday, August 18th. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 target price on the stock. Wells Fargo & Company lowered their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research report on Thursday, July 10th. Citigroup started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They set a "neutral" rating and a $351.00 price target for the company. Finally, Barclays reduced their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $362.92.

Willis Towers Watson Public Stock Down 0.5%

Shares of Willis Towers Watson Public stock traded down $1.66 on Friday, hitting $338.79. The company had a trading volume of 417,870 shares, compared to its average volume of 451,398. The stock has a 50-day moving average of $321.58 and a 200-day moving average of $317.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. Willis Towers Watson Public Limited Company has a twelve month low of $286.00 and a twelve month high of $344.14. The firm has a market capitalization of $33.05 billion, a P/E ratio of 232.05, a P/E/G ratio of 2.71 and a beta of 0.71.

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

Willis Towers Watson Public Announces Dividend

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

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.