Mitsubishi UFJ Trust & Banking Corp Sells 2,121 Shares of Willis Towers Watson Public Limited Company $WTW

Mitsubishi UFJ Trust & Banking Corp reduced its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 3.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 52,441 shares of the company’s stock after selling 2,121 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Willis Towers Watson Public were worth $18,116,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. First Horizon Corp bought a new stake in Willis Towers Watson Public in the 3rd quarter worth approximately $651,000. Capital Fund Management S.A. purchased a new position in shares of Willis Towers Watson Public during the second quarter worth approximately $9,570,000. D.A. Davidson & CO. raised its stake in shares of Willis Towers Watson Public by 76.4% during the second quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock worth $733,000 after acquiring an additional 1,036 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Willis Towers Watson Public by 87.6% in the 2nd quarter. Atria Investments Inc now owns 4,867 shares of the company’s stock worth $1,492,000 after acquiring an additional 2,272 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its stake in shares of Willis Towers Watson Public by 1.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after purchasing an additional 62,570 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW opened at $322.00 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average price of $325.80 and a 200-day moving average price of $326.86. The company has a market cap of $30.83 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. Willis Towers Watson Public Limited Company has a 12 month low of $292.97 and a 12 month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 30th. The company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm earned $2.93 earnings per share. Willis Towers Watson Public’s quarterly revenue was up .0% on a year-over-year basis. As a group, equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is currently 17.52%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on WTW. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. UBS Group raised their price objective on Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Evercore ISI lowered their target price on Willis Towers Watson Public from $387.00 to $383.00 and set an “outperform” rating for the company in a research note on Wednesday, January 7th. Barclays boosted their target price on Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. Finally, Mizuho assumed coverage on Willis Towers Watson Public in a research report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $369.08.

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.