Louisbourg Investments Inc. trimmed its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 13.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 15,491 shares of the company’s stock after selling 2,420 shares during the period. Louisbourg Investments Inc.’s holdings in Willis Towers Watson Public were worth $4,852,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in WTW. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth $27,000. Y.D. More Investments Ltd increased its holdings in shares of Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the third quarter worth about $41,000. Versant Capital Management Inc grew its holdings in Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares in the last quarter. Finally, Farther Finance Advisors LLC increased 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 acquiring an additional 43 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on WTW. Barclays increased their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Truist Financial reiterated a “buy” rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. 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 report on Friday, January 10th. Wells Fargo & Company lowered their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Finally, Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $338.69.
Willis Towers Watson Public Trading Down 1.8 %
Shares of Willis Towers Watson Public stock opened at $319.23 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock’s fifty day moving average is $317.87 and its two-hundred day moving average is $302.69. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $334.99.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $7.44 earnings per share. Sell-side analysts predict that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current fiscal year.
Willis Towers Watson Public Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.10%. Willis Towers Watson Public’s payout ratio is -352.00%.
Willis Towers Watson Public 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.
Featured Articles
- Five stocks we like better than Willis Towers Watson Public
- How to Plot Fibonacci Price Inflection Levels
- Will the Tariff Bump Lead to a Steel Trap?
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Rebuilding Stronger: 3 Stocks Driving Infrastructure Recovery
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- GLP-1 Alternatives: 2 Stocks Benefiting From Weight Loss Trends
Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report).
Receive News & Ratings for Willis Towers Watson Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public and related companies with MarketBeat.com's FREE daily email newsletter.