Summit Trail Advisors LLC Buys Shares of 840 Willis Towers Watson Public Limited (NASDAQ:WTW)

Summit Trail Advisors LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 840 shares of the company’s stock, valued at approximately $264,000.

Several other institutional investors have also modified their holdings of WTW. Mizuho Securities USA LLC increased its holdings in Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after buying an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its position in Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after buying an additional 498,915 shares during the last quarter. Canoe Financial LP bought a new stake in Willis Towers Watson Public in the 4th quarter valued at approximately $47,883,000. Finally, Cidel Asset Management Inc. acquired a new position in Willis Towers Watson Public during the 4th quarter worth approximately $42,964,000. Institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Truist Financial restated a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, Wells Fargo & Company reduced their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Down 0.1 %

WTW opened at $318.96 on Thursday. The stock’s fifty day simple moving average is $317.68 and its 200 day simple moving average is $302.95. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $334.99. The stock has a market cap of $32.13 billion, a PE ratio of -318.96, a price-to-earnings-growth ratio of 2.91 and a beta of 0.74. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $7.44 earnings per share. As a group, research analysts expect that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current 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 issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is presently -352.00%.

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.