Willis Towers Watson Public Limited (NASDAQ:WTW) is Cortland Associates Inc. MO’s 5th Largest Position

Cortland Associates Inc. MO reduced its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 191,359 shares of the company’s stock after selling 3,130 shares during the period. Willis Towers Watson Public comprises approximately 6.8% of Cortland Associates Inc. MO’s holdings, making the stock its 5th biggest holding. Cortland Associates Inc. MO owned 0.19% of Willis Towers Watson Public worth $59,941,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WTW. Mizuho Securities USA LLC lifted its holdings in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Willis Towers Watson Public by 277.8% in the 3rd 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 buying an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in 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 worth $147,255,000 after buying an additional 498,915 shares in the last quarter. Canoe Financial LP acquired a new position in Willis Towers Watson Public in the 4th quarter worth $47,883,000. Finally, World Investment Advisors LLC acquired a new position in Willis Towers Watson Public in the 3rd quarter worth $39,999,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report 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 target price for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their target price on shares of 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. Barclays boosted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, five have given 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $333.64.

Willis Towers Watson Public Stock Down 0.5 %

NASDAQ WTW opened at $324.54 on Thursday. 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’s fifty day moving average is $316.28 and its two-hundred day moving average is $298.94. Willis Towers Watson Public Limited has a 52-week low of $242.54 and a 52-week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the business posted $2.24 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. On average, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

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 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 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -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.