SG Americas Securities LLC Has $2.67 Million Stock Holdings in Willis Towers Watson Public Limited Company $WTW

SG Americas Securities LLC raised its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 90.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,741 shares of the company’s stock after purchasing an additional 3,681 shares during the quarter. SG Americas Securities LLC’s holdings in Willis Towers Watson Public were worth $2,674,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadcap Wealth Management LLC lifted its holdings in shares of Willis Towers Watson Public by 4.8% during the 2nd quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock valued at $229,000 after buying an additional 34 shares during the last quarter. Wedmont Private Capital lifted its stake in Willis Towers Watson Public by 3.8% in the third quarter. Wedmont Private Capital now owns 919 shares of the company’s stock valued at $322,000 after acquiring an additional 34 shares during the last quarter. World Investment Advisors grew its position in Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock worth $269,000 after acquiring an additional 35 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Willis Towers Watson Public by 10.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 392 shares of the company’s stock worth $120,000 after purchasing an additional 36 shares during the last quarter. Finally, Ethic Inc. raised its holdings in shares of Willis Towers Watson Public by 0.3% during the 3rd quarter. Ethic Inc. now owns 14,050 shares of the company’s stock valued at $4,853,000 after purchasing an additional 36 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $327.42 on Wednesday. The company has a market cap of $31.35 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 1.58 and a beta of 0.63. The business has a 50 day moving average price of $325.34 and a 200 day moving average price of $325.71. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.61. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.93 earnings per share. Research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public declared that its Board of Directors has approved a share buyback plan on Thursday, September 18th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to reacquire up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.92 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is 17.52%.

Analyst Upgrades and Downgrades

Several research firms have commented on WTW. Mizuho initiated coverage on shares of Willis Towers Watson Public in a research report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 target price on the stock. Wall Street Zen lowered Willis Towers Watson Public from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Wells Fargo & Company raised their price objective on Willis Towers Watson Public from $356.00 to $366.00 and gave the company an “overweight” rating in a research note on Tuesday. Piper Sandler decreased their target price on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, UBS Group lifted their price target on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $369.85.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.