Interval Partners LP Increases Position in Willis Towers Watson Public Limited Company $WTW

Key Points

• Interval Partners LP significantly increased its holdings in Willis Towers Watson, acquiring an additional 20,421 shares and raising its ownership by 191.7%, resulting in total holdings valued at approximately $10.5 million.
• Analyst ratings for Willis Towers Watson vary, with one "Strong Buy," seven "Buy," three "Hold," and one "Sell," leading to an average rating of "Moderate Buy" and a consensus price target of $362.92.
• Willis Towers Watson declared a quarterly dividend of $0.92, payable on October 15th, representing a 1.1% dividend yield and a payout ratio of 252.05%.

Interval Partners LP boosted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 191.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,071 shares of the company's stock after acquiring an additional 20,421 shares during the period. Interval Partners LP's holdings in Willis Towers Watson Public were worth $10,500,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new position in shares of Willis Towers Watson Public in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC increased its stake 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. Crewe Advisors LLC bought a new position in shares of Willis Towers Watson Public in the 1st quarter valued at $32,000. McIlrath & Eck LLC bought a new position in shares of 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 purchasing an additional 59 shares during the last quarter. Institutional investors own 93.09% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on WTW. Citigroup began coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a "neutral" rating and a $351.00 price target on the stock. Barclays decreased their price target on 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. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a report on Thursday, July 10th. Cantor Fitzgerald initiated coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They set a "neutral" rating and a $355.00 price objective on the stock. Finally, Morgan Stanley raised their price objective 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. One research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and a consensus target price of $362.92.

Willis Towers Watson Public Trading Up 0.1%

WTW traded up $0.29 during midday trading on Wednesday, hitting $329.77. 137,508 shares of the company were exchanged, compared to its average volume of 638,007. The firm has a market capitalization of $32.17 billion, a P/E ratio of 226.55, a P/E/G ratio of 2.65 and a beta of 0.71. Willis Towers Watson Public Limited Company has a 1-year low of $283.29 and a 1-year high of $344.14. The firm's 50 day moving average price is $319.75 and its 200-day moving average price is $317.54. The company has a quick ratio of 1.90, a current 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 quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.65 by $0.21. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The firm's revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.55 EPS. As a group, equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal 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 given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Willis Towers Watson Public's payout ratio is presently 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.