Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 4.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,517 shares of the company's stock after buying an additional 8,435 shares during the quarter. Rhumbline Advisers owned 0.19% of Willis Towers Watson Public worth $62,019,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in shares of Willis Towers Watson Public by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,487 shares of the company's stock worth $779,000 after buying an additional 70 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Willis Towers Watson Public by 4.7% during the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company's stock worth $429,000 after purchasing an additional 61 shares in the last quarter. Caprock Group LLC grew its holdings in Willis Towers Watson Public by 16.4% during the 4th quarter. Caprock Group LLC now owns 1,464 shares of the company's stock valued at $460,000 after buying an additional 206 shares during the last quarter. Alliance Wealth Advisors LLC UT purchased a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at $299,000. Finally, Longboard Asset Management LP acquired a new position in Willis Towers Watson Public in the 4th quarter valued at about $245,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Stock Down 0.6%

Shares of WTW stock traded down $1.76 during mid-day trading on Thursday, reaching $307.67. 598,041 shares of the company were exchanged, compared to its average volume of 585,721. Willis Towers Watson Public Limited has a fifty-two week low of $252.22 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company has a market capitalization of $30.51 billion, a P/E ratio of -307.67, a P/E/G ratio of 2.95 and a beta of 0.73. The business's 50 day simple moving average is $313.87 and its 200 day simple moving average is $319.20.

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

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.20%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Analyst Ratings Changes

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

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.