Pacer Advisors Inc. lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 83.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,811 shares of the company’s stock after purchasing an additional 6,286 shares during the quarter. Pacer Advisors Inc.’s holdings in Willis Towers Watson Public were worth $4,326,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of WTW. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public in the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. Versant Capital Management Inc boosted its stake in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares during the period. Farther Finance Advisors LLC grew its position in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willis Towers Watson Public during the 4th quarter valued at $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the company. Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Barclays increased 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 report on Thursday, November 21st. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Truist Financial reiterated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and a consensus price target of $333.64.
Willis Towers Watson Public Stock Up 1.6 %
WTW stock opened at $329.83 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $33.22 billion, a PE ratio of -45.31, a PEG ratio of 1.72 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $242.54 and a 1 year high of $334.99. The company has a fifty day simple moving average of $316.60 and a 200 day simple moving average of $299.12.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (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 company 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 company posted $2.24 EPS. The firm’s revenue was up 5.7% on a year-over-year basis. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal 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 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 1.07%. Willis Towers Watson Public’s payout ratio is currently -48.35%.
Willis Towers Watson Public 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.
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