Everence Capital Management Inc. Invests $993,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Everence Capital Management Inc. purchased a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,170 shares of the company's stock, valued at approximately $993,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public during the 3rd quarter valued at $41,000. Versant Capital Management Inc lifted its holdings in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after buying an additional 85 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after buying an additional 43 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth $164,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock traded down $0.23 during trading hours on Friday, hitting $309.04. The company's stock had a trading volume of 462,897 shares, compared to its average volume of 433,398. 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 12-month low of $237.50 and a 12-month high of $334.99. The business has a 50 day moving average price of $313.05 and a two-hundred day moving average price of $291.99. The company has a market cap of $31.13 billion, a PE ratio of -42.45, a PEG ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $2.28 billion. During the same period in the previous year, the firm earned $2.24 EPS. The firm's revenue was up 5.7% compared to the same quarter last year. Analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.14%. Willis Towers Watson Public's payout ratio is -48.35%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Barclays upped their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a research report on Thursday, November 21st. Roth Mkm upped their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Wells Fargo & Company raised their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their target price for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of "Moderate Buy" and a consensus price target of $326.33.

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.