Wealth Enhancement Advisory Services LLC Has $2.26 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Willis Towers Watson by 22.4% during Q2, holding 7,360 shares valued at approximately $2.26 million.
• Willis Towers Watson reported an EPS of $2.86 for its last quarter, surpassing estimates, with a revenue of $2.26 billion.
• The company has announced a quarterly dividend of $0.92, with an ex-dividend date set for September 30th, reflecting a yield of 1.1% and a dividend payout ratio of 252.05%.

Wealth Enhancement Advisory Services LLC raised its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 22.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,360 shares of the company's stock after purchasing an additional 1,349 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Willis Towers Watson Public were worth $2,257,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WTW. Wayfinding Financial LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth $25,000. Cornerstone Planning Group LLC increased its holdings 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 worth $28,000 after buying an additional 75 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth $32,000. Larson Financial Group LLC increased its holdings in shares of Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after buying an additional 59 shares in the last quarter. Finally, WPG Advisers LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth $43,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 1.1%

NASDAQ:WTW opened at $341.89 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $33.35 billion, a price-to-earnings ratio of 234.17, a price-to-earnings-growth ratio of 2.72 and a beta of 0.71. Willis Towers Watson Public Limited Company has a 52 week low of $286.35 and a 52 week high of $345.42. The firm has a 50-day moving average price of $327.50 and a two-hundred day moving average price of $317.92.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.65 by $0.21. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.23 billion. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The company's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business posted $2.55 EPS. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.92 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 annualized dividend and a yield of 1.1%. Willis Towers Watson Public's dividend payout ratio (DPR) is 252.05%.

Willis Towers Watson Public announced that its board has approved a stock buyback plan on Thursday, September 18th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the company to reacquire up to 4.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WTW shares. Citigroup started coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They set a "neutral" rating and a $351.00 price target for the company. Wells Fargo & Company lowered their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Morgan Stanley upped 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. Barclays decreased their price objective on 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. Finally, Raymond James Financial restated a "strong-buy" rating and issued a $400.00 price objective (up from $380.00) on shares of Willis Towers Watson Public in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $362.92.

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.

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