Gulf International Bank UK Ltd Sells 342 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Gulf International Bank UK Ltd cut its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,404 shares of the company’s stock after selling 342 shares during the period. Gulf International Bank UK Ltd’s holdings in Willis Towers Watson Public were worth $2,475,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. American National Bank acquired a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $36,000. Beacon Capital Management LLC boosted its holdings in shares of Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares in the last quarter. New Millennium Group LLC bought a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at $54,000. LRI Investments LLC acquired a new position in shares of Willis Towers Watson Public during the 1st quarter worth $58,000. Finally, Heritage Wealth Advisors lifted its position in shares of Willis Towers Watson Public by 44.3% during the 1st quarter. Heritage Wealth Advisors now owns 241 shares of the company’s stock worth $66,000 after buying an additional 74 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Up 3.0 %

WTW opened at $317.31 on Thursday. Willis Towers Watson Public Limited has a twelve month low of $234.00 and a twelve month high of $320.10. The company has a fifty day moving average of $293.26 and a 200-day moving average of $274.26. The stock has a market cap of $31.96 billion, a PE ratio of -43.59, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. 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 issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $2.24 EPS. On average, sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is -48.35%.

Analyst Ratings Changes

WTW has been the subject of several research analyst reports. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday. Barclays began coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective for the company. Jefferies Financial Group boosted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Truist Financial increased their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Roth Mkm boosted their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $312.27.

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.