Wealthfront Advisers LLC Acquires 1,530 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Wealthfront Advisers LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 12.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,783 shares of the company’s stock after purchasing an additional 1,530 shares during the quarter. Wealthfront Advisers LLC’s holdings in Willis Towers Watson Public were worth $4,317,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Mizuho Securities USA LLC increased its position in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after purchasing an additional 7,561,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Willis Towers Watson Public by 277.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after buying an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in Willis Towers Watson Public by 47,515.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after buying an additional 498,915 shares during the last quarter. Proficio Capital Partners LLC raised its position in Willis Towers Watson Public by 33,979.6% during the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company’s stock worth $143,580,000 after acquiring an additional 457,025 shares in the last quarter. Finally, Canoe Financial LP acquired a new stake in Willis Towers Watson Public in the fourth quarter valued at $47,883,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.6 %

Shares of Willis Towers Watson Public stock opened at $319.10 on Friday. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. The stock has a market cap of $31.81 billion, a PE ratio of -319.10, a PEG ratio of 2.95 and a beta of 0.71. The firm has a 50-day moving average of $323.63 and a 200-day moving average of $310.02. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

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

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.92 dividend. The ex-dividend date is Monday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.15%. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WTW. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reissued a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods boosted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Finally, Barclays increased their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $342.08.

Insider Activity

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the 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 sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.22% of the company’s stock.

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.