Stratos Wealth Partners LTD. Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Stratos Wealth Partners LTD. raised its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 22.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,098 shares of the company’s stock after acquiring an additional 1,288 shares during the period. Stratos Wealth Partners LTD.’s holdings in Willis Towers Watson Public were worth $2,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its position in Willis Towers Watson Public by 8.5% during the second quarter. Cetera Investment Advisers now owns 7,691 shares of the company’s stock valued at $2,016,000 after purchasing an additional 600 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Willis Towers Watson Public in the second quarter worth about $895,000. Czech National Bank increased its stake in Willis Towers Watson Public by 6.2% during the third quarter. Czech National Bank now owns 20,688 shares of the company’s stock worth $6,093,000 after acquiring an additional 1,205 shares during the last quarter. Mather Group LLC. raised its position in Willis Towers Watson Public by 14.5% during the third quarter. Mather Group LLC. now owns 608 shares of the company’s stock valued at $179,000 after purchasing an additional 77 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its stake in shares of Willis Towers Watson Public by 4.7% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,932 shares of the company’s stock valued at $569,000 after purchasing an additional 86 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Down 0.3 %

NASDAQ:WTW opened at $325.79 on Friday. 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 firm has a 50-day simple moving average of $317.70 and a 200-day simple moving average of $301.44. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99. The firm has a market cap of $32.81 billion, a P/E ratio of -44.75, a P/E/G ratio of 1.79 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $7.44 EPS. Equities analysts anticipate that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WTW. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Truist Financial reissued a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays increased their price target 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, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $338.69.

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.