Huntington National Bank Has $5.98 Million Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Huntington National Bank lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.2% during the 3rd quarter, Holdings Channel reports. The fund owned 20,295 shares of the company’s stock after acquiring an additional 50 shares during the quarter. Huntington National Bank’s holdings in Willis Towers Watson Public were worth $5,977,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Victory Capital Management Inc. grew its holdings in Willis Towers Watson Public by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after acquiring an additional 10,856 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after purchasing an additional 261,562 shares during the last quarter. Baupost Group LLC MA increased its holdings in shares of Willis Towers Watson Public by 6.2% in the second quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock valued at $433,225,000 after purchasing an additional 96,981 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in Willis Towers Watson Public by 3.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company’s stock worth $294,246,000 after purchasing an additional 39,288 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Willis Towers Watson Public by 22.5% in the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 0.7 %

Shares of Willis Towers Watson Public stock opened at $314.80 on Friday. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $320.77. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The business has a 50-day moving average of $295.64 and a two-hundred day moving average of $276.22.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations 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%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.24 EPS. Analysts anticipate that Willis Towers Watson Public Limited will post 16.66 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.12%. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Wall Street Analyst Weigh In

Several research firms have recently commented on WTW. Roth Mkm lifted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company lifted 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. Truist Financial upped their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group lifted their price target 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. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. One research 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 data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $312.27.

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.