Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Tidal Investments LLC

Tidal Investments LLC raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 6.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 10,282 shares of the company’s stock after buying an additional 583 shares during the period. Tidal Investments LLC’s holdings in Willis Towers Watson Public were worth $3,028,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of WTW. Graypoint LLC lifted its stake in shares of Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after buying an additional 37 shares during the period. Fidelis Capital Partners LLC raised its holdings in Willis Towers Watson Public by 3.1% in the 3rd 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 lifted its stake in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after purchasing an additional 42 shares during the period. Creative Planning boosted its holdings 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 purchasing an additional 43 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position 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 valued at $70,000 after purchasing an additional 43 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

WTW stock opened at $311.39 on Friday. The stock has a 50-day simple moving average of $306.49 and a 200-day simple moving average of $285.86. The firm has a market cap of $31.36 billion, a P/E ratio of -42.77, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the company earned $2.24 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities analysts predict that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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 $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 yield of 1.13%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Analyst Ratings Changes

WTW has been the topic of a number of research analyst reports. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Truist Financial restated a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Finally, Roth Mkm upped their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $321.80.

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.