GAMMA Investing LLC Has $322,000 Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

GAMMA Investing LLC increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 72.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,227 shares of the company’s stock after acquiring an additional 514 shares during the quarter. GAMMA Investing LLC’s holdings in Willis Towers Watson Public were worth $322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WTW. Blueshift Asset Management LLC lifted its stake in Willis Towers Watson Public by 2.6% in the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after buying an additional 38 shares in the last quarter. US Bancorp DE lifted its position in shares of Willis Towers Watson Public by 0.3% in the fourth quarter. US Bancorp DE now owns 12,992 shares of the company’s stock worth $3,134,000 after purchasing an additional 39 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Willis Towers Watson Public by 19.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock worth $60,000 after purchasing an additional 41 shares in the last quarter. Live Oak Private Wealth LLC lifted its position in shares of Willis Towers Watson Public by 0.7% in the first quarter. Live Oak Private Wealth LLC now owns 6,499 shares of the company’s stock worth $1,787,000 after purchasing an additional 43 shares in the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in shares of Willis Towers Watson Public by 5.6% in the first quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock worth $243,000 after purchasing an additional 47 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Piper Sandler boosted their target price on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Citigroup decreased their price objective 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, Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and a consensus price target of $300.21.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded down $8.64 on Monday, reaching $274.38. The company had a trading volume of 271,770 shares, compared to its average volume of 452,894. The stock has a market capitalization of $28.05 billion, a PE ratio of 27.78, a price-to-earnings-growth ratio of 1.48 and a beta of 0.73. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $286.13. The business’s 50-day moving average is $262.51 and its 200 day moving average is $263.38.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.05 EPS. Equities research analysts forecast that Willis Towers Watson Public Limited will post 16.57 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

About Willis Towers Watson Public

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.