Stratos Wealth Partners LTD. Grows Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Stratos Wealth Partners LTD. raised its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 22.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,098 shares of the company's stock after purchasing an additional 1,288 shares during the period. Stratos Wealth Partners LTD.'s holdings in Willis Towers Watson Public were worth $2,223,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Yousif Capital Management LLC grew its position in shares of Willis Towers Watson Public by 17.4% during the fourth quarter. Yousif Capital Management LLC now owns 15,951 shares of the company's stock worth $4,996,000 after acquiring an additional 2,359 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Willis Towers Watson Public by 11.2% during the fourth quarter. Mather Group LLC. now owns 676 shares of the company's stock worth $212,000 after purchasing an additional 68 shares during the period. Longboard Asset Management LP acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth $245,000. Alliance Wealth Advisors LLC UT acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth $299,000. Finally, Avantra Family Wealth Inc. acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth $442,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the subject of several recent research reports. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Wells Fargo & Company decreased their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Truist Financial reiterated a "buy" rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and boosted their price objective for the stock 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $338.69.

Willis Towers Watson Public Trading Down 1.8 %

WTW traded down $5.95 on Tuesday, reaching $319.23. 667,928 shares of the company's stock were exchanged, compared to its average volume of 545,482. The company's 50 day moving average is $317.87 and its 200-day moving average is $302.69. The company has a market cap of $32.15 billion, a price-to-earnings ratio of -319.23, a PEG ratio of 2.91 and a beta of 0.74. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $334.99. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate 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 company's revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.44 EPS. Equities analysts predict that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

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

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.