Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC increased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,979 shares of the company’s stock after purchasing an additional 315 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Willis Towers Watson Public were worth $933,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of WTW. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public during the third quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public in the 3rd quarter worth about $41,000. Versant Capital Management Inc boosted its holdings in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after acquiring an additional 43 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on WTW. Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. 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. Wells Fargo & Company reduced their target price on 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. Finally, Barclays increased their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Trading Down 1.0 %

NASDAQ:WTW opened at $326.07 on Wednesday. The stock has a fifty day moving average price of $315.91 and a 200 day moving average price of $298.51. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 12-month low of $242.54 and a 12-month high of $334.99. The firm has a market cap of $32.84 billion, a PE ratio of -44.79, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion during 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 for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.24 earnings per share. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given 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 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -48.35%.

Willis Towers Watson Public Company 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.