JPMorgan Chase & Co. Buys 37,340 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

JPMorgan Chase & Co. grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 24.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,267 shares of the company’s stock after purchasing an additional 37,340 shares during the period. JPMorgan Chase & Co. owned about 0.19% of Willis Towers Watson Public worth $55,156,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in WTW. Fidelis Capital Partners LLC raised its stake in shares of Willis Towers Watson Public by 3.1% during the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after acquiring an additional 37 shares during the last quarter. Glenmede Trust Co. NA grew its position in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after buying an additional 42 shares during the last quarter. Creative Planning raised its position in shares of Willis Towers Watson Public by 0.3% during 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 during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of 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 during the period. Finally, Bleakley Financial Group LLC boosted 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 last quarter. 93.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WTW shares. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Barclays boosted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Roth Mkm lifted their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Truist Financial reissued a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $326.33.

Willis Towers Watson Public Trading Down 0.1 %

NASDAQ:WTW opened at $309.04 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a one year low of $237.50 and a one year high of $334.99. The company has a market cap of $31.13 billion, a PE ratio of -42.45, a PEG ratio of 1.83 and a beta of 0.74. The firm has a 50-day moving average of $313.05 and a 200-day moving average of $291.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the company posted $2.24 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Tuesday, December 31st. 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.