CX Institutional Acquires 60 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

CX Institutional boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 795 shares of the company’s stock after acquiring an additional 60 shares during the period. CX Institutional’s holdings in Willis Towers Watson Public were worth $249,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of equities analysts have commented on WTW shares. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Roth Mkm boosted their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Stock Up 1.1 %

Shares of NASDAQ WTW opened at $322.37 on Monday. The firm has a fifty day simple moving average of $315.57 and a two-hundred day simple moving average of $297.76. The firm has a market capitalization of $32.47 billion, a PE ratio of -44.28, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. 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.

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

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is presently -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.