QRG Capital Management Inc. Has $775,000 Holdings in Willis Towers Watson Public Limited Company $WTW

QRG Capital Management Inc. decreased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 65.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,243 shares of the company’s stock after selling 4,198 shares during the quarter. QRG Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $775,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in WTW. First Horizon Corp acquired a new position in Willis Towers Watson Public during the third quarter worth about $651,000. Capital Fund Management S.A. bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at approximately $9,570,000. D.A. Davidson & CO. increased its position in Willis Towers Watson Public by 76.4% during the 2nd quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock worth $733,000 after purchasing an additional 1,036 shares in the last quarter. Atria Investments Inc lifted its stake in Willis Towers Watson Public by 87.6% in the 2nd quarter. Atria Investments Inc now owns 4,867 shares of the company’s stock valued at $1,492,000 after purchasing an additional 2,272 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in Willis Towers Watson Public by 1.8% in the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after buying an additional 62,570 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $319.02 on Thursday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $30.55 billion, a PE ratio of 15.18, a P/E/G ratio of 1.55 and a beta of 0.63. The firm has a fifty day simple moving average of $325.76 and a 200 day simple moving average of $326.40. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 30th. The company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company posted $2.93 EPS. The business’s quarterly revenue was up .0% on a year-over-year basis. On average, sell-side analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, December 31st. Willis Towers Watson Public’s payout ratio is presently 17.52%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research reports. Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Mizuho began coverage on Willis Towers Watson Public in a research report on Tuesday, December 16th. They issued an “outperform” rating and a $386.00 target price for the company. Cantor Fitzgerald cut their price target on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Finally, UBS Group lifted their target price on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $369.08.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.