Janney Montgomery Scott LLC Increases Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Janney Montgomery Scott LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,487 shares of the company’s stock after purchasing an additional 70 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Willis Towers Watson Public were worth $779,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mizuho Securities USA LLC lifted its position in shares of Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Willis Towers Watson Public by 277.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after purchasing an additional 620,926 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after buying an additional 498,915 shares in the last quarter. Canoe Financial LP purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at about $47,883,000. Finally, World Investment Advisors LLC purchased a new position in Willis Towers Watson Public in the third quarter worth about $39,999,000. Institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company reduced their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $338.69.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $325.79 on Friday. 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 company has a market cap of $32.81 billion, a price-to-earnings ratio of -44.75, a PEG ratio of 1.79 and a beta of 0.74. The business’s 50 day moving average price is $317.70 and its 200 day moving average price is $301.44. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. 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 $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the company posted $7.44 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, research analysts predict 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 announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -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.