JPMorgan Chase & Co. Grows Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

JPMorgan Chase & Co. grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 24.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,267 shares of the company's stock after purchasing an additional 37,340 shares during the period. JPMorgan Chase & Co. owned approximately 0.19% of Willis Towers Watson Public worth $55,156,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new position in 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 in the third quarter worth approximately $41,000. Farther Finance Advisors LLC grew its holdings in shares of Willis Towers Watson Public by 22.2% during the third 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 last quarter. Brooklyn Investment Group bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $164,000. Finally, Mather Group LLC. lifted its position in Willis Towers Watson Public by 14.5% in the 3rd quarter. Mather Group LLC. now owns 608 shares of the company's stock valued at $179,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an "outperform" rating in a research report on Wednesday, December 4th. Truist Financial reissued a "buy" rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and upped their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $326.33.

Willis Towers Watson Public Trading Down 0.1 %

Shares of NASDAQ:WTW traded down $0.23 during trading on Friday, reaching $309.04. The company's stock had a trading volume of 462,897 shares, compared to its average volume of 433,398. The firm's 50 day simple moving average is $313.05 and its two-hundred day simple moving average is $291.99. 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 12 month low of $237.50 and a 12 month high of $334.99. The stock has a market capitalization of $31.13 billion, a PE ratio of -42.45, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the company earned $2.24 EPS. On average, research analysts predict that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

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.