GAMMA Investing LLC Has $322,000 Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

GAMMA Investing LLC grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 72.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,227 shares of the company’s stock after buying an additional 514 shares during the period. GAMMA Investing LLC’s holdings in Willis Towers Watson Public were worth $322,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTW. State Board of Administration of Florida Retirement System lifted its stake in shares of Willis Towers Watson Public by 6.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after acquiring an additional 7,404 shares during the period. M&G Plc bought a new stake in Willis Towers Watson Public in the first quarter worth approximately $12,318,000. Gillson Capital LP increased its holdings in Willis Towers Watson Public by 27.3% in the fourth quarter. Gillson Capital LP now owns 253,591 shares of the company’s stock worth $61,166,000 after purchasing an additional 54,361 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Willis Towers Watson Public by 12.5% in the fourth quarter. BNP Paribas Financial Markets now owns 114,487 shares of the company’s stock worth $27,614,000 after purchasing an additional 12,678 shares in the last quarter. Finally, Bridgewater Associates LP increased its holdings in Willis Towers Watson Public by 60.0% in the fourth quarter. Bridgewater Associates LP now owns 74,799 shares of the company’s stock worth $18,042,000 after purchasing an additional 28,046 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research analyst reports. Citigroup lowered their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a report on Monday, April 29th. Morgan Stanley lowered their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Wells Fargo & Company lifted their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Roth Mkm boosted their price objective on Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Keefe, Bruyette & Woods boosted their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $300.21.

Willis Towers Watson Public Trading Down 3.1 %

WTW stock traded down $8.64 during midday trading on Monday, hitting $274.38. The company had a trading volume of 271,770 shares, compared to its average volume of 452,894. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a 52 week low of $195.29 and a 52 week high of $286.13. The stock’s 50 day moving average price is $262.51 and its 200 day moving average price is $263.38. The stock has a market cap of $28.05 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.48 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.05 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.57 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Sunday, June 30th were issued a dividend of $0.88 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.28%. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

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.