Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Callahan Advisors LLC

Callahan Advisors LLC grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,392 shares of the company’s stock after acquiring an additional 571 shares during the quarter. Callahan Advisors LLC’s holdings in Willis Towers Watson Public were worth $4,239,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Richardson Financial Services Inc. acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter worth about $28,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth about $36,000. Beacon Capital Management LLC increased its position in shares of Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after purchasing an additional 101 shares during the last quarter. New Millennium Group LLC acquired a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth about $54,000. Finally, LRI Investments LLC acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter worth about $58,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WTW. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Truist Financial raised their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday. Wells Fargo & Company raised their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday. Finally, Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $312.27.

Willis Towers Watson Public Trading Up 1.7 %

WTW opened at $307.92 on Wednesday. The firm has a market cap of $31.01 billion, a price-to-earnings ratio of -42.30, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. Willis Towers Watson Public Limited has a 52 week low of $234.00 and a 52 week high of $308.87. The business’s 50 day moving average is $292.70 and its two-hundred day moving average is $273.95. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.24 earnings per share. On average, research analysts predict that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s payout ratio is currently -48.35%.

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.