Wilmington Savings Fund Society FSB Decreases Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Wilmington Savings Fund Society FSB lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 95.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88 shares of the company's stock after selling 2,050 shares during the period. Wilmington Savings Fund Society FSB's holdings in Willis Towers Watson Public were worth $28,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. CWM LLC raised its position in shares of Willis Towers Watson Public by 26.5% in the third quarter. CWM LLC now owns 2,947 shares of the company's stock worth $868,000 after buying an additional 618 shares in the last quarter. Exchange Traded Concepts LLC raised its position in shares of Willis Towers Watson Public by 10.6% in the third quarter. Exchange Traded Concepts LLC now owns 2,664 shares of the company's stock worth $785,000 after buying an additional 255 shares in the last quarter. CX Institutional purchased a new stake in shares of Willis Towers Watson Public in the third quarter worth $216,000. Creative Planning raised its position in shares of Willis Towers Watson Public by 2.5% in the third quarter. Creative Planning now owns 13,474 shares of the company's stock worth $3,969,000 after buying an additional 327 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of Willis Towers Watson Public by 4.4% in the third quarter. Vontobel Holding Ltd. now owns 1,310 shares of the company's stock worth $386,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WTW. Jefferies Financial Group upgraded Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their price objective for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Wells Fargo & Company reduced their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 14th. 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 note on Wednesday, December 4th. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research note on Thursday, November 21st. Finally, Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus price target of $342.08.

Willis Towers Watson Public Stock Up 0.6 %

WTW traded up $1.89 on Tuesday, hitting $322.29. The company had a trading volume of 79,012 shares, compared to its average volume of 531,194. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $334.99. The stock has a fifty day simple moving average of $317.37 and a 200-day simple moving average of $304.02. The firm has a market capitalization of $32.46 billion, a P/E ratio of -322.28, a P/E/G ratio of 2.91 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the business earned $7.44 earnings per share. The business's revenue was up 4.2% on a year-over-year basis. As a group, equities analysts expect that Willis Towers Watson Public Limited will post 17.72 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.88 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.09%. Willis Towers Watson Public's payout ratio is -352.00%.

Willis Towers Watson Public Profile

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.