Impax Asset Management Group plc Has $7.68 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Impax Asset Management Group plc lessened its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 10.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,064 shares of the company’s stock after selling 3,188 shares during the quarter. Impax Asset Management Group plc’s holdings in Willis Towers Watson Public were worth $7,677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. OneDigital Investment Advisors LLC increased its stake in shares of Willis Towers Watson Public by 71.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after purchasing an additional 2,775 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Willis Towers Watson Public by 3.5% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,626 shares of the company’s stock valued at $773,000 after purchasing an additional 90 shares during the last quarter. Metis Global Partners LLC increased its stake in shares of Willis Towers Watson Public by 2.6% in the 3rd quarter. Metis Global Partners LLC now owns 6,022 shares of the company’s stock valued at $1,774,000 after purchasing an additional 155 shares during the last quarter. KBC Group NV increased its stake in shares of Willis Towers Watson Public by 11.5% in the 3rd quarter. KBC Group NV now owns 16,578 shares of the company’s stock valued at $4,883,000 after purchasing an additional 1,707 shares during the last quarter. Finally, Plato Investment Management Ltd bought a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $2,981,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WTW. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Keefe, Bruyette & Woods boosted their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Roth Mkm boosted their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Finally, Jefferies Financial Group boosted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $312.27.

Willis Towers Watson Public Trading Down 0.7 %

NASDAQ WTW opened at $312.65 on Friday. The business’s 50-day moving average price is $296.06 and its two-hundred day moving average price is $276.48. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $320.77. The firm has a market capitalization of $31.49 billion, a PE ratio of -42.95, a price-to-earnings-growth ratio of 1.97 and a beta of 0.73. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.24 EPS. On average, analysts expect that Willis Towers Watson Public Limited will post 16.66 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

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.