OneDigital Investment Advisors LLC Purchases 2,775 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

OneDigital Investment Advisors LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 71.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,644 shares of the company’s stock after acquiring an additional 2,775 shares during the period. OneDigital Investment Advisors LLC’s holdings in Willis Towers Watson Public were worth $1,957,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the third quarter worth about $27,000. American National Bank purchased a new stake in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $36,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $41,000. Beacon Capital Management LLC raised its stake in Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC bought a new stake in Willis Towers Watson Public in the second quarter worth $54,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays initiated coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target for the company. Jefferies Financial Group increased their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Truist Financial increased their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company boosted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public Stock Down 0.7 %

Shares of WTW stock opened at $312.65 on Monday. 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 Limited has a 12 month low of $234.01 and a 12 month high of $320.77. The stock has a market cap of $31.49 billion, a P/E ratio of -42.95, a P/E/G ratio of 1.95 and a beta of 0.73. The company has a 50 day simple moving average of $296.49 and a two-hundred day simple moving average of $277.08.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. Willis Towers Watson Public’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.24 earnings per share. On average, research analysts expect that Willis Towers Watson Public Limited will post 16.67 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

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

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.