Evanson Asset Management LLC Has $494,000 Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Evanson Asset Management LLC lessened its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,576 shares of the company’s stock after selling 230 shares during the period. Evanson Asset Management LLC’s holdings in Willis Towers Watson Public were worth $494,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV grew its position in shares of Willis Towers Watson Public by 1.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,025 shares of the company’s stock valued at $4,019,000 after buying an additional 256 shares during the last quarter. Blair William & Co. IL boosted its holdings in Willis Towers Watson Public by 4.2% in the second quarter. Blair William & Co. IL now owns 6,595 shares of the company’s stock valued at $1,729,000 after acquiring an additional 263 shares during the last quarter. Brighton Jones LLC increased its position in Willis Towers Watson Public by 24.0% during the 2nd quarter. Brighton Jones LLC now owns 1,570 shares of the company’s stock valued at $412,000 after purchasing an additional 304 shares during the period. Canada Pension Plan Investment Board raised its holdings in Willis Towers Watson Public by 13.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 70,819 shares of the company’s stock worth $18,564,000 after purchasing an additional 8,292 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Willis Towers Watson Public by 4.6% in the 2nd quarter. Pacer Advisors Inc. now owns 7,530 shares of the company’s stock worth $1,974,000 after purchasing an additional 328 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WTW. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their price objective on 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. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Barclays lifted their target price 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. Finally, Roth Mkm increased their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Stock Performance

WTW stock opened at $320.65 on Monday. Willis Towers Watson Public Limited has a fifty-two week low of $242.54 and a fifty-two week high of $334.99. The stock has a fifty day moving average of $315.01 and a 200-day moving average of $295.87. 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 (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $2.24 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio 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.