Neville Rodie & Shaw Inc. bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,832 shares of the company's stock, valued at approximately $887,000.
Several other large investors have also modified their holdings of WTW. Everence Capital Management Inc. purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $993,000. GAMMA Investing LLC grew its stake in Willis Towers Watson Public by 24.1% in the fourth quarter. GAMMA Investing LLC now owns 2,482 shares of the company's stock valued at $777,000 after purchasing an additional 482 shares during the last quarter. Versant Capital Management Inc raised its holdings in Willis Towers Watson Public by 95.5% in 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 in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Willis Towers Watson Public by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock valued at $55,156,000 after buying an additional 37,340 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Willis Towers Watson Public by 6.9% in the 3rd quarter. Principal Financial Group Inc. now owns 128,273 shares of the company's stock valued at $37,780,000 after buying an additional 8,228 shares in the last quarter. Institutional investors own 93.09% of the company's stock.
Willis Towers Watson Public Stock Performance
Shares of Willis Towers Watson Public stock traded down $2.43 during trading on Monday, hitting $306.61. 673,716 shares of the company's stock were exchanged, compared to its average volume of 513,472. Willis Towers Watson Public Limited has a 52-week low of $238.37 and a 52-week high of $334.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a market capitalization of $30.88 billion, a price-to-earnings ratio of -42.12, a PEG ratio of 1.83 and a beta of 0.74. The business has a 50-day simple moving average of $313.05 and a 200-day simple moving average of $292.25.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued 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 analysts' expectations 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 quarter in the previous year, the firm posted $2.24 EPS. On average, research analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current 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 dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public's dividend payout ratio (DPR) is -48.35%.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Barclays raised their price objective on 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. Wells Fargo & Company upped their target price on 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. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their price target for the stock from $352.00 to $382.00 in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and an average price target of $326.33.
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About Willis Towers Watson Public
(
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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