Public Employees Retirement System of Ohio Has $10.84 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Public Employees Retirement System of Ohio decreased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,598 shares of the company's stock after selling 2,530 shares during the period. Public Employees Retirement System of Ohio's holdings in Willis Towers Watson Public were worth $10,837,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Willis Towers Watson Public in the fourth quarter valued at about $484,210,000. FMR LLC boosted its stake in shares of Willis Towers Watson Public by 52.4% in the 4th quarter. FMR LLC now owns 3,682,939 shares of the company's stock valued at $1,153,644,000 after purchasing an additional 1,266,484 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of Willis Towers Watson Public by 77.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock worth $873,483,000 after buying an additional 1,217,714 shares during the period. Wellington Management Group LLP grew its position in shares of Willis Towers Watson Public by 6,676.1% during the 4th quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock worth $309,616,000 after buying an additional 973,843 shares during the period. Finally, Janus Henderson Group PLC raised its stake in shares of Willis Towers Watson Public by 6,286.4% during the fourth quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock worth $270,284,000 after buying an additional 849,358 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Stock Up 0.4%

Shares of NASDAQ:WTW traded up $1.19 during midday trading on Friday, reaching $316.47. 133,576 shares of the company were exchanged, compared to its average volume of 585,092. Willis Towers Watson Public Limited has a fifty-two week low of $248.57 and a fifty-two week high of $344.14. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock has a fifty day simple moving average of $315.83 and a two-hundred day simple moving average of $319.23. The firm has a market cap of $31.38 billion, a PE ratio of -316.57, a P/E/G ratio of 2.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the business earned $3.13 earnings per share. The company's revenue was down 5.0% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.92 per share. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.16%. Willis Towers Watson Public's payout ratio is -736.00%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on WTW shares. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Barclays boosted their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. Jefferies Financial Group decreased their price objective on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a report on Friday, April 11th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and a consensus price target of $356.30.

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.