Triangle Securities Wealth Management Makes New $200,000 Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Triangle Securities Wealth Management bought 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 13F filing with the Securities and Exchange Commission. The firm bought 640 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $41,000. Versant Capital Management Inc raised its position in shares of Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares during the last quarter. Farther Finance Advisors LLC raised its position 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 buying an additional 43 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $76,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the topic of several recent analyst reports. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Barclays raised their target price 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. Roth Mkm raised their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, 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 report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $333.64.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $320.65 on Monday. The company has a market capitalization of $32.30 billion, a PE ratio of -44.05, a P/E/G ratio of 1.69 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company has a 50-day simple moving average of $315.01 and a two-hundred day simple moving average of $295.87. Willis Towers Watson Public Limited has a one year low of $242.54 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company posted $2.24 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Research analysts expect that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business 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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -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.