GAMMA Investing LLC Raises Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

GAMMA Investing LLC lifted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 24.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,482 shares of the company’s stock after acquiring an additional 482 shares during the quarter. GAMMA Investing LLC’s holdings in Willis Towers Watson Public were worth $777,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WTW. Fidelis Capital Partners LLC increased its position in Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after purchasing an additional 37 shares during the period. Glenmede Trust Co. NA grew its holdings in Willis Towers Watson Public by 3.1% during the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after acquiring an additional 42 shares during the period. Creative Planning raised its position in Willis Towers Watson Public by 0.3% in the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after acquiring an additional 43 shares in the last quarter. Farther Finance Advisors LLC raised its position in Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after acquiring an additional 43 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in Willis Towers Watson Public by 1.9% in the third quarter. Bleakley Financial Group LLC now owns 2,475 shares of the company’s stock valued at $729,000 after acquiring an additional 47 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Truist Financial reissued a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.33.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $309.04 on Friday. The company has a market cap of $31.13 billion, a P/E ratio of -42.45, a P/E/G ratio of 1.83 and a beta of 0.74. The business has a fifty day simple moving average of $313.05 and a 200-day simple moving average of $291.74. Willis Towers Watson Public Limited has a 52 week low of $237.50 and a 52 week high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business earned $2.24 EPS. The firm’s revenue was up 5.7% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.88 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Willis Towers Watson Public Company 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.