693 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Bought by Scheer Rowlett & Associates Investment Management Ltd.

Scheer Rowlett & Associates Investment Management Ltd. acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) during the third quarter, Holdings Channel.com reports. The fund acquired 693 shares of the company’s stock, valued at approximately $204,000.

A number of other large investors have also recently made changes to their positions in WTW. Commerce Bank increased its holdings in Willis Towers Watson Public by 7.7% during the third quarter. Commerce Bank now owns 4,295 shares of the company’s stock worth $1,265,000 after buying an additional 308 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Willis Towers Watson Public by 8.9% in the third quarter. PNC Financial Services Group Inc. now owns 11,407 shares of the company’s stock valued at $3,360,000 after acquiring an additional 931 shares during the period. Caprock Group LLC boosted its position in shares of Willis Towers Watson Public by 22.7% in the third quarter. Caprock Group LLC now owns 1,258 shares of the company’s stock valued at $372,000 after acquiring an additional 233 shares during the period. Pathstone Holdings LLC boosted its position in shares of Willis Towers Watson Public by 3.6% in the third quarter. Pathstone Holdings LLC now owns 7,757 shares of the company’s stock valued at $2,286,000 after acquiring an additional 270 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in shares of Willis Towers Watson Public by 0.9% in the third quarter. Thrivent Financial for Lutherans now owns 14,240 shares of the company’s stock valued at $4,194,000 after acquiring an additional 130 shares during the period. 93.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WTW. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Jefferies Financial Group lifted their price target 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. Barclays began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public Stock Performance

WTW stock traded down $0.27 during trading on Wednesday, hitting $307.32. 73,365 shares of the company traded hands, compared to its average volume of 481,626. The stock’s 50-day simple moving average is $297.18 and its 200 day simple moving average is $278.06. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The company has a market cap of $30.95 billion, a PE ratio of -42.25, a P/E/G ratio of 1.95 and a beta of 0.73. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the company posted $2.24 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. On average, equities analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.15%. 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 Company 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.