United Services Automobile Association Makes New Investment in Willis Towers Watson Public Limited Company $WTW

Key Points

• United Services Automobile Association has invested approximately $721,000 in Willis Towers Watson Public Limited Company by acquiring 2,137 shares in the first quarter.
• The stock currently holds a consensus rating of "Moderate Buy" with a target price of $362.92, while various analysts have issued differing ratings and price targets recently.
• Willis Towers Watson is set to pay a quarterly dividend of $0.92 on October 15th, reflecting a 1.1% yield and a payout ratio of 252.05%.

United Services Automobile Association purchased a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,137 shares of the company's stock, valued at approximately $721,000.

Other institutional investors have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new position in Willis Towers Watson Public in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC lifted its stake in shares of Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock valued at $28,000 after acquiring an additional 75 shares during the period. McIlrath & Eck LLC bought a new position in Willis Towers Watson Public in the fourth quarter valued at about $30,000. Crewe Advisors LLC acquired a new stake in Willis Towers Watson Public in the first quarter worth about $32,000. Finally, Larson Financial Group LLC increased its position in Willis Towers Watson Public by 122.9% in the first quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after purchasing an additional 59 shares during the period. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Down 0.5%

NASDAQ WTW traded down $1.66 on Friday, reaching $338.79. The company had a trading volume of 417,870 shares, compared to its average volume of 451,398. The firm has a market cap of $33.05 billion, a price-to-earnings ratio of 232.05, a P/E/G ratio of 2.71 and a beta of 0.71. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. Willis Towers Watson Public Limited Company has a fifty-two week low of $286.00 and a fifty-two week high of $344.14. The business has a 50 day moving average of $321.58 and a two-hundred day moving average of $317.76.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The business's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.55 earnings per share. 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 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 $0.92 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. Willis Towers Watson Public's payout ratio is 252.05%.

Analysts Set New Price Targets

WTW has been the topic of a number of recent research reports. Cantor Fitzgerald started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 price objective on the stock. Barclays cut their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a report on Monday, July 7th. Morgan Stanley lifted their price target on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a research note on Monday, August 18th. Wells Fargo & Company decreased their target price 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. Finally, Citigroup started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They set a "neutral" rating and a $351.00 price target on the stock. 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 stock. According to data from MarketBeat.com, the stock presently has an average 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.