MBB Public Markets I LLC Invests $321,000 in Willis Towers Watson Public Limited Company $WTW

Key Points

• MBB Public Markets I LLC made a new investment of $321,000 in Willis Towers Watson, acquiring 950 shares of the company.
• Willis Towers Watson recently reported earnings, with EPS of $2.86, exceeding estimates by $0.21, and a revenue of $2.26 billion for the quarter.
• The company announced a quarterly dividend of $0.92 per share, which will be issued on October 15th, with a yield of 1.1%.

MBB Public Markets I LLC purchased a new position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 950 shares of the company's stock, valued at approximately $321,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC increased its stake in Willis Towers Watson Public by 1.8% during the first quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock worth $682,000 after acquiring an additional 35 shares during the last quarter. Vident Advisory LLC increased its stake in Willis Towers Watson Public by 2.8% during the fourth quarter. Vident Advisory LLC now owns 1,405 shares of the company's stock worth $440,000 after acquiring an additional 38 shares during the last quarter. Brighton Jones LLC boosted its position in shares of Willis Towers Watson Public by 2.9% in the first quarter. Brighton Jones LLC now owns 1,408 shares of the company's stock worth $476,000 after buying an additional 40 shares during the period. Mather Group LLC. boosted its position in shares of Willis Towers Watson Public by 6.2% in the first quarter. Mather Group LLC. now owns 718 shares of the company's stock worth $243,000 after buying an additional 42 shares during the period. Finally, Forum Financial Management LP boosted its position in shares of Willis Towers Watson Public by 3.8% in the fourth quarter. Forum Financial Management LP now owns 1,197 shares of the company's stock worth $375,000 after buying an additional 44 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW traded down $1.66 during mid-day trading 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 market cap of $33.05 billion, a price-to-earnings ratio of 232.05, a PEG ratio of 2.71 and a beta of 0.71. 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 current ratio of 1.90 and a quick ratio of 1.90. The firm's 50 day simple moving average is $321.58 and its two-hundred day simple moving average is $317.76.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $2.86 EPS 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 firm had revenue of $2.26 billion for the quarter, compared to analysts' expectations of $2.23 billion. During the same period last year, the firm earned $2.55 EPS. The firm's revenue was down .2% compared to the same quarter last year. As a group, equities research analysts forecast 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 company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.92 per share. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. Willis Towers Watson Public's dividend payout ratio (DPR) is 252.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald assumed 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 for the company. Citigroup started coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They issued a "neutral" rating and a $351.00 price target for the company. Barclays lowered their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday, July 7th. Wells Fargo & Company reduced their target price 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. 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 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 issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company 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.