Goldman Sachs Group Inc. Buys 2,336 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Goldman Sachs Group Inc. lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTWFree Report) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 375,114 shares of the company’s stock after purchasing an additional 2,336 shares during the period. Goldman Sachs Group Inc. owned 0.36% of Willis Towers Watson Public worth $90,478,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Blueshift Asset Management LLC lifted its holdings in shares of Willis Towers Watson Public by 2.6% during the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock worth $360,000 after purchasing an additional 38 shares during the period. Royal London Asset Management Ltd. lifted its holdings in shares of Willis Towers Watson Public by 4.9% during the fourth quarter. Royal London Asset Management Ltd. now owns 45,770 shares of the company’s stock worth $11,040,000 after purchasing an additional 2,135 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Willis Towers Watson Public by 53.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 7,014 shares of the company’s stock worth $1,692,000 after purchasing an additional 2,432 shares during the period. Rafferty Asset Management LLC lifted its holdings in Willis Towers Watson Public by 4.1% in the fourth quarter. Rafferty Asset Management LLC now owns 36,609 shares of the company’s stock valued at $8,830,000 after buying an additional 1,439 shares during the period. Finally, NEOS Investment Management LLC acquired a new position in Willis Towers Watson Public in the fourth quarter valued at $353,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.1 %

NASDAQ:WTW opened at $255.62 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89. The firm has a 50-day moving average of $257.34 and a 200-day moving average of $257.10. The company has a market cap of $26.13 billion, a PE ratio of 25.64, a PEG ratio of 1.45 and a beta of 0.75. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $278.86.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last posted its earnings results on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.84 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.27 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Friday, June 28th. Willis Towers Watson Public’s payout ratio is 35.31%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WTW shares. Bank of America upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $272.00 to $304.00 in a report on Wednesday, May 22nd. Keefe, Bruyette & Woods dropped their target price on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating on the stock in a report on Monday, May 6th. Raymond James restated an “outperform” rating and issued a $315.00 target price (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Citigroup dropped their target price on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Finally, Evercore ISI boosted their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a report on Friday, April 26th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and a consensus price target of $296.14.

View Our Latest Research Report on WTW

About Willis Towers Watson Public

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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