Lmcg Investments LLC cut its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,395 shares of the company’s stock after selling 79 shares during the period. Lmcg Investments LLC’s holdings in Willis Towers Watson Public were worth $1,063,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Mizuho Securities USA LLC grew its holdings in Willis Towers Watson Public by 95,880.2% during the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after purchasing an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after buying an additional 498,915 shares during the period. Point72 Asset Management L.P. increased its position in shares of Willis Towers Watson Public by 456.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after buying an additional 162,741 shares in the last quarter. Finally, Canoe Financial LP acquired a new stake in Willis Towers Watson Public during the 4th quarter worth $47,883,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. Barclays boosted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Roth Mkm increased their target price on 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. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $333.64.
Willis Towers Watson Public Stock Up 0.6 %
WTW stock opened at $322.49 on Wednesday. Willis Towers Watson Public Limited has a twelve month low of $242.54 and a twelve month high of $334.99. The business has a 50 day moving average price of $315.12 and a two-hundred day moving average price of $296.29. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate 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 company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the company posted $2.24 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.
Willis Towers Watson Public Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.
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.
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