M&T Bank Corp Has $3.95 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

M&T Bank Corp cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 10.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,396 shares of the company’s stock after selling 1,583 shares during the quarter. M&T Bank Corp’s holdings in Willis Towers Watson Public were worth $3,946,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cetera Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at $211,000. Sequoia Financial Advisors LLC lifted its position in shares of Willis Towers Watson Public by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after buying an additional 47 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Willis Towers Watson Public by 15.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,000 shares of the company’s stock worth $1,049,000 after acquiring an additional 527 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Willis Towers Watson Public by 3.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,692 shares of the company’s stock valued at $444,000 after acquiring an additional 50 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Willis Towers Watson Public by 27.3% in the 2nd quarter. Blue Trust Inc. now owns 1,881 shares of the company’s stock valued at $517,000 after acquiring an additional 403 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $308.37 on Friday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $305.72 and a 200-day moving average of $285.05. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the company earned $2.24 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.88 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of recent analyst reports. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Barclays lifted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company increased their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $321.80.

Willis Towers Watson Public Company 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.