Quadrature Capital Ltd Sells 35,799 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Quadrature Capital Ltd lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 85.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,192 shares of the company’s stock after selling 35,799 shares during the quarter. Quadrature Capital Ltd’s holdings in Willis Towers Watson Public were worth $1,703,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System raised its holdings in shares of Willis Towers Watson Public by 6.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock valued at $32,069,000 after acquiring an additional 7,404 shares in the last quarter. M&G Plc purchased a new position in shares of Willis Towers Watson Public during the 1st quarter valued at about $12,318,000. Gillson Capital LP raised its holdings in shares of Willis Towers Watson Public by 27.3% during the 4th quarter. Gillson Capital LP now owns 253,591 shares of the company’s stock valued at $61,166,000 after buying an additional 54,361 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Willis Towers Watson Public by 12.5% during the 4th quarter. BNP Paribas Financial Markets now owns 114,487 shares of the company’s stock valued at $27,614,000 after buying an additional 12,678 shares in the last quarter. Finally, Bridgewater Associates LP raised its holdings in shares of Willis Towers Watson Public by 60.0% during the 4th quarter. Bridgewater Associates LP now owns 74,799 shares of the company’s stock valued at $18,042,000 after buying an additional 28,046 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 2.0 %

Shares of NASDAQ:WTW traded up $5.49 on Friday, reaching $283.09. The company had a trading volume of 713,853 shares, compared to its average volume of 369,582. Willis Towers Watson Public Limited has a 52-week low of $195.29 and a 52-week high of $283.49. The firm’s 50 day simple moving average is $259.63 and its 200-day simple moving average is $262.02. The company has a current ratio of 1.94, a quick ratio of 1.89 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $28.94 billion, a PE ratio of 28.39, a PEG ratio of 1.57 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the previous year, the business earned $2.05 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, analysts expect that Willis Towers Watson Public Limited will post 16.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Sunday, June 30th were issued a $0.88 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.24%. Willis Towers Watson Public’s payout ratio is 35.31%.

Wall Street Analyst Weigh In

WTW has been the topic of a number of analyst reports. Citigroup decreased their price target on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a research note on Monday, April 29th. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a research note on Friday. Morgan Stanley decreased their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Keefe, Bruyette & Woods cut their price objective on Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating on the stock in a research report on Monday, May 6th. Finally, Evercore ISI lifted their price objective on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research report on Friday, April 26th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $299.36.

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.