Huntington National Bank boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,430 shares of the company’s stock after purchasing an additional 135 shares during the quarter. Huntington National Bank’s holdings in Willis Towers Watson Public were worth $6,399,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Y.D. More Investments Ltd lifted its position in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $49,000. Versant Capital Management Inc raised its stake in Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in Willis Towers Watson Public during the fourth quarter worth $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public during the 4th quarter valued at $76,000. 93.09% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on WTW. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Wells Fargo & Company decreased their price target on shares of 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. Keefe, Bruyette & Woods lifted their price objective 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. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and a consensus target price of $346.15.
Insiders Place Their Bets
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.22% of the stock is currently owned by insiders.
Willis Towers Watson Public Price Performance
Shares of WTW opened at $337.43 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company’s fifty day moving average price is $329.30 and its 200-day moving average price is $314.49. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The firm has a market capitalization of $33.64 billion, a PE ratio of -337.43, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its quarterly earnings results 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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the previous year, the business earned $7.44 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.
Willis Towers Watson Public Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.09%. The ex-dividend date is Monday, March 31st. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio is -368.00%.
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.
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