Willis Towers Watson Public Limited Company $WTW Shares Sold by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. lessened its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 16.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,546 shares of the company’s stock after selling 13,079 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $23,679,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Willis Towers Watson Public by 4.7% in the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after acquiring an additional 61 shares in the last quarter. NewEdge Advisors LLC lifted its position in Willis Towers Watson Public by 7.6% in the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock valued at $875,000 after purchasing an additional 182 shares during the period. Empowered Funds LLC boosted its holdings in Willis Towers Watson Public by 16.9% in the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after purchasing an additional 347 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after purchasing an additional 39 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of Willis Towers Watson Public by 52.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 3,863 shares of the company’s stock worth $1,184,000 after buying an additional 1,322 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $330.04 on Friday. The business’s 50-day moving average price is $326.66 and its 200 day moving average price is $327.77. The company has a current ratio of 2.21, a quick ratio of 1.69 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79. The company has a market capitalization of $31.60 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 1.50 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the firm posted $8.13 EPS. The company’s revenue was down 3.3% on a year-over-year basis. On average, 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.92 per share. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. Willis Towers Watson Public’s payout ratio is presently 22.47%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Cantor Fitzgerald dropped their price objective on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. TD Cowen lowered their price target on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Evercore raised their price objective on shares of Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $372.71.

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.