152,863 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Purchased by Canoe Financial LP

Canoe Financial LP acquired a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 152,863 shares of the company’s stock, valued at approximately $47,883,000.

Other institutional investors have also modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC bought a new position in Willis Towers Watson Public during the third quarter valued at $41,000. Versant Capital Management Inc raised its stake in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Willis Towers Watson Public by 22.2% in the 3rd 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 last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth about $76,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Down 0.5 %

NASDAQ WTW opened at $320.65 on Friday. The firm’s 50 day moving average price is $315.01 and its 200-day moving average price is $295.38. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 52-week low of $242.54 and a 52-week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. Willis Towers Watson Public’s payout ratio is -48.35%.

Analyst Ratings Changes

A number of analysts recently weighed in on WTW shares. Wells Fargo & Company reduced their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday. Barclays increased 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. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Truist Financial reissued a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.64.

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.