Glenmede Trust Co. NA Has $1.21 Million Holdings in Willis Towers Watson Public Limited Company $WTW

Glenmede Trust Co. NA grew its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 134.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,166 shares of the company’s stock after buying an additional 2,388 shares during the period. Glenmede Trust Co. NA’s holdings in Willis Towers Watson Public were worth $1,211,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Summitry LLC boosted its stake in Willis Towers Watson Public by 11.2% during the first quarter. Summitry LLC now owns 962 shares of the company’s stock worth $280,000 after acquiring an additional 97 shares in the last quarter. Western Wealth Management LLC bought a new stake in Willis Towers Watson Public in the first quarter valued at $30,000. Janus Henderson Group PLC raised its holdings in shares of Willis Towers Watson Public by 1.0% during the first quarter. Janus Henderson Group PLC now owns 903,762 shares of the company’s stock valued at $262,723,000 after purchasing an additional 9,232 shares during the period. Strategic Investment Advisors MI acquired a new position in shares of Willis Towers Watson Public during the first quarter valued at about $140,000. Finally, Amundi boosted its position in shares of Willis Towers Watson Public by 14.1% during the 1st quarter. Amundi now owns 365,952 shares of the company’s stock worth $106,382,000 after purchasing an additional 45,235 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $340.01 on Friday. The firm has a market capitalization of $31.58 billion, a P/E ratio of 20.91, a P/E/G ratio of 0.97 and a beta of 0.42. Willis Towers Watson Public Limited Company has a 52 week low of $240.61 and a 52 week high of $352.79. The stock has a 50 day moving average price of $282.55 and a two-hundred day moving average price of $286.94. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.68 and a current ratio of 1.68.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 30th. The company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same quarter last year, the company earned $2.86 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities analysts forecast that Willis Towers Watson Public Limited Company will post 19.8 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is currently 23.62%.

Analysts Set New Price Targets

Several analysts have recently commented on WTW shares. UBS Group raised their target price on Willis Towers Watson Public from $382.00 to $405.00 and gave the company a “buy” rating in a research note on Monday. Bank of America cut their price target on Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Barclays reduced their price objective on Willis Towers Watson Public from $322.00 to $303.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. Mizuho upped their target price on Willis Towers Watson Public from $338.00 to $361.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Finally, Cantor Fitzgerald increased their target price on Willis Towers Watson Public from $344.00 to $380.00 and gave the stock a “neutral” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $363.50.

Willis Towers Watson Public 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.