Plato Investment Management Ltd Trims Stock Position in Willis Towers Watson Public Limited Company $WTW

Key Points

• Plato Investment Management Ltd reduced its holdings in Willis Towers Watson by **38.5%**, now owning **3,481 shares** valued at approximately **$1.19 million**.
• Institutional investors hold **93.09%** of Willis Towers Watson's stock, indicating significant institutional interest and investment.
• Willis Towers Watson recently announced a quarterly dividend of **$0.92**, with an annualized payout representing a **1.1%** dividend yield.

Plato Investment Management Ltd decreased its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 38.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,481 shares of the company's stock after selling 2,179 shares during the period. Plato Investment Management Ltd's holdings in Willis Towers Watson Public were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors 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 worth approximately $25,000. Cornerstone Planning Group LLC boosted its position in shares of 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 acquiring an additional 75 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth approximately $30,000. Crewe Advisors LLC acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter worth approximately $32,000. Finally, Larson Financial Group LLC boosted its position in shares of Willis Towers Watson Public by 122.9% during the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WTW shares. 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 for the company in a research note 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. Morgan Stanley raised their price target on shares of 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. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 price target for the company. Finally, Barclays reduced their price target on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $362.92.

Willis Towers Watson Public Stock Down 0.5%

Shares of WTW traded down $1.80 during trading hours on Tuesday, reaching $331.90. 104,267 shares of the stock traded hands, compared to its average volume of 633,774. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The stock has a fifty day simple moving average of $322.15 and a 200 day simple moving average of $317.46. Willis Towers Watson Public Limited Company has a 52 week low of $286.00 and a 52 week high of $344.14. The company has a market cap of $32.38 billion, a price-to-earnings ratio of 227.33, a PEG ratio of 2.70 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $2.23 billion. During the same period last year, the firm earned $2.55 earnings per share. The firm's revenue was down .2% on a year-over-year basis. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business 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 $0.92 dividend. 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 payout ratio is currently 252.05%.

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.