DORCHESTER WEALTH MANAGEMENT Co Sells 190 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

DORCHESTER WEALTH MANAGEMENT Co lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,167 shares of the company’s stock after selling 190 shares during the period. DORCHESTER WEALTH MANAGEMENT Co’s holdings in Willis Towers Watson Public were worth $7,707,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its holdings in Willis Towers Watson Public by 29.7% during the third quarter. Sequoia Financial Advisors LLC now owns 1,542 shares of the company’s stock valued at $454,000 after buying an additional 353 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Willis Towers Watson Public by 409.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 129,538 shares of the company’s stock worth $38,153,000 after purchasing an additional 104,106 shares during the last quarter. Resonant Capital Advisors LLC purchased a new position in Willis Towers Watson Public in the third quarter worth $232,000. Waypoint Capital Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the third quarter valued at $222,000. Finally, Blue Trust Inc. grew its holdings in shares of Willis Towers Watson Public by 25.1% during the third quarter. Blue Trust Inc. now owns 2,353 shares of the company’s stock valued at $693,000 after buying an additional 472 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 0.0 %

WTW traded down $0.13 during trading hours on Thursday, reaching $291.79. 19,370 shares of the stock traded hands, compared to its average volume of 461,232. The company has a market cap of $29.63 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.84 and a beta of 0.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public Limited has a fifty-two week low of $207.25 and a fifty-two week high of $303.42. The firm’s fifty day simple moving average is $290.24 and its two-hundred day simple moving average is $271.68.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the business posted $2.05 EPS. The company’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, analysts forecast that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.68%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays assumed coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Morgan Stanley decreased their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. Jefferies Financial Group upped their price objective on shares of 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. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Finally, Truist Financial upped their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of “Hold” and a consensus price target of $309.47.

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.