Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 20.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,324 shares of the company's stock after buying an additional 1,771 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Willis Towers Watson Public were worth $3,260,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at about $27,000. Y.D. More Investments Ltd increased its position in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after purchasing an additional 69 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public during the third quarter worth about $41,000. Versant Capital Management Inc increased its position in Willis Towers Watson Public by 95.5% during the fourth 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 last quarter. Finally, Farther Finance Advisors LLC increased its position in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after purchasing an additional 43 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 0.1 %

Shares of WTW stock traded down $0.27 during trading on Wednesday, reaching $318.96. The company's stock had a trading volume of 652,323 shares, compared to its average volume of 549,297. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company has a market capitalization of $32.13 billion, a price-to-earnings ratio of -318.96, a P/E/G ratio of 2.91 and a beta of 0.74. The stock's 50-day moving average price is $317.68 and its 200 day moving average price is $302.95. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.44 earnings per share. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 17.72 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -352.00%.

Analyst Ratings Changes

WTW has been the subject of several recent analyst reports. Raymond James upgraded 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 research report on Thursday, December 5th. Wells Fargo & Company cut their price objective on shares of 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. Barclays raised their price objective 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. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and lifted their price target for the company from $352.00 to $382.00 in a research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average target price of $338.69.

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.