Czech National Bank Boosts Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Czech National Bank raised its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,840 shares of the company’s stock after purchasing an additional 1,152 shares during the quarter. Czech National Bank’s holdings in Willis Towers Watson Public were worth $6,841,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. First Hawaiian Bank purchased a new stake in Willis Towers Watson Public during the 4th quarter worth $955,000. Oliver Luxxe Assets LLC lifted its stake in shares of Willis Towers Watson Public by 146.4% during the fourth quarter. Oliver Luxxe Assets LLC now owns 12,932 shares of the company’s stock worth $4,051,000 after purchasing an additional 7,683 shares in the last quarter. Neville Rodie & Shaw Inc. purchased a new stake in shares of Willis Towers Watson Public in the fourth quarter worth about $887,000. Everence Capital Management Inc. acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $993,000. Finally, GAMMA Investing LLC raised its holdings in shares of Willis Towers Watson Public by 24.1% during the 4th quarter. GAMMA Investing LLC now owns 2,482 shares of the company’s stock valued at $777,000 after buying an additional 482 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WTW shares. Barclays upped their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods boosted 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 report on Friday, January 10th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $333.64.

Willis Towers Watson Public Stock Up 0.6 %

WTW stock opened at $313.24 on Wednesday. The firm has a fifty day moving average price of $314.88 and a two-hundred day moving average price of $294.64. 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 1-year low of $242.54 and a 1-year high of $334.99. The firm has a market cap of $31.55 billion, a price-to-earnings ratio of -43.03, a PEG ratio of 1.83 and a beta of 0.74.

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

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is -48.35%.

About Willis Towers Watson Public

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.