Oliver Luxxe Assets LLC Acquires 7,683 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Oliver Luxxe Assets LLC grew its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 146.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,932 shares of the company's stock after buying an additional 7,683 shares during the period. Oliver Luxxe Assets LLC's holdings in Willis Towers Watson Public were worth $4,051,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. TD Asset Management Inc lifted its position in Willis Towers Watson Public by 11.6% during the 2nd quarter. TD Asset Management Inc now owns 60,573 shares of the company's stock valued at $15,879,000 after acquiring an additional 6,288 shares during the period. Arizona State Retirement System grew its stake in shares of Willis Towers Watson Public by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 29,710 shares of the company's stock worth $7,788,000 after buying an additional 76 shares during the last quarter. Acadian Asset Management LLC increased its position in Willis Towers Watson Public by 53.0% during the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company's stock valued at $167,352,000 after buying an additional 221,108 shares in the last quarter. Caprock Group LLC raised its stake in Willis Towers Watson Public by 16.3% during the second quarter. Caprock Group LLC now owns 1,025 shares of the company's stock valued at $270,000 after buying an additional 144 shares during the last quarter. Finally, Prudential PLC boosted its holdings in Willis Towers Watson Public by 81.1% in the second quarter. Prudential PLC now owns 15,810 shares of the company's stock worth $4,144,000 after acquiring an additional 7,080 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on WTW. Truist Financial reaffirmed 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. Keefe, Bruyette & Woods increased their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. Jefferies Financial Group upgraded Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Raymond James upgraded Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Roth Mkm increased their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and an average price target of $326.33.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded down $2.43 on Monday, hitting $306.61. 673,716 shares of the stock traded hands, compared to its average volume of 513,472. The firm has a market cap 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 company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a 50 day simple moving average of $313.05 and a two-hundred day simple moving average of $292.25. Willis Towers Watson Public Limited has a 52 week low of $238.37 and a 52 week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 business's revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.24 earnings per share. As a group, equities 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 business 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. This represents a $3.52 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, December 31st. 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.