Moran Wealth Management LLC Reduces Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Moran Wealth Management LLC decreased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,085 shares of the company’s stock after selling 818 shares during the period. Moran Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $5,621,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of WTW. Swedbank AB purchased a new stake in shares of Willis Towers Watson Public in the first quarter valued at $4,512,000. Diversified Trust Co grew its position in Willis Towers Watson Public by 38.4% during the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after acquiring an additional 1,863 shares during the period. AMF Tjanstepension AB grew its position in Willis Towers Watson Public by 6.6% during the second quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock valued at $11,564,000 after acquiring an additional 2,744 shares during the period. Price T Rowe Associates Inc. MD grew its position in Willis Towers Watson Public by 4.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock valued at $42,618,000 after acquiring an additional 6,118 shares during the period. Finally, Toronto Dominion Bank grew its position in Willis Towers Watson Public by 34.8% during the first quarter. Toronto Dominion Bank now owns 79,622 shares of the company’s stock valued at $21,896,000 after acquiring an additional 20,558 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Roth Mkm boosted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Barclays assumed coverage on Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group boosted their price objective on 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Trading Up 0.3 %

Shares of NASDAQ WTW opened at $308.61 on Thursday. The stock’s 50 day moving average price is $297.18 and its two-hundred day moving average price is $278.06. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the prior year, the firm posted $2.24 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, equities research analysts predict 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. Stockholders of record on Monday, September 30th were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -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.