First Hawaiian Bank purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,050 shares of the company's stock, valued at approximately $955,000.
Several other large investors have also recently modified their holdings of the business. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $41,000. Versant Capital Management Inc grew its position 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 worth $55,000 after buying an additional 85 shares during the period. Farther Finance Advisors LLC increased its stake 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 valued at $70,000 after acquiring an additional 43 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in Willis Towers Watson Public during the third quarter worth $164,000. Institutional investors own 93.09% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on WTW. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their target price for the company from $357.00 to $373.00 in a research note on Wednesday. Truist Financial reissued a "buy" rating and issued 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. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and upped their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. UBS Group raised shares of Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. Finally, Barclays raised their price target on shares of 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average price target of $332.13.
View Our Latest Analysis on WTW
Willis Towers Watson Public Stock Performance
Shares of WTW stock traded down $1.23 during trading hours on Friday, hitting $312.92. 594,687 shares of the company were exchanged, compared to its average volume of 528,795. 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 fifty day simple moving average of $314.33 and a 200 day simple moving average of $293.20. Willis Towers Watson Public Limited has a 52-week low of $242.54 and a 52-week high of $334.99. The stock has a market capitalization of $31.52 billion, a price-to-earnings ratio of -42.98, a P/E/G ratio of 1.83 and a beta of 0.74.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.24 EPS. Research analysts predict 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given 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 dividend yield of 1.12%. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -48.35%.
Willis Towers Watson Public Company Profile
(
Free Report)
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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