Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,898 shares of the company’s stock after acquiring an additional 199 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Willis Towers Watson Public were worth $595,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its position in shares of Willis Towers Watson Public by 29.7% during the 4th quarter. Jones Financial Companies Lllp now owns 520 shares of the company’s stock valued at $163,000 after acquiring an additional 119 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Willis Towers Watson Public by 33.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 455 shares of the company’s stock valued at $143,000 after purchasing an additional 114 shares in the last quarter. Metis Global Partners LLC lifted its holdings in shares of Willis Towers Watson Public by 3.7% in the fourth quarter. Metis Global Partners LLC now owns 6,247 shares of the company’s stock valued at $1,957,000 after purchasing an additional 225 shares in the last quarter. Williamson Legacy Group LLC lifted its holdings in shares of Willis Towers Watson Public by 45.8% in the fourth quarter. Williamson Legacy Group LLC now owns 4,463 shares of the company’s stock valued at $1,398,000 after purchasing an additional 1,402 shares in the last quarter. Finally, Anchor Capital Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at $207,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analysts Set New Price Targets

WTW has been the subject of a number of research analyst reports. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Barclays upped their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company dropped their price target on shares of 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Trading Down 1.7 %

Willis Towers Watson Public stock opened at $326.52 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company has a market capitalization of $32.55 billion, a price-to-earnings ratio of -326.52, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. The company’s fifty day moving average price is $323.28 and its two-hundred day moving average price is $309.88.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $7.44 earnings per share. On average, analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Monday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -368.00%.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by corporate insiders.

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.