Paradigm Asset Management Co. LLC Boosts Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Paradigm Asset Management Co. LLC raised its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 120.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,500 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Willis Towers Watson Public were worth $1,723,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public during the third quarter worth $27,000. Y.D. More Investments Ltd increased its stake in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Willis Towers Watson Public during the third quarter valued at $41,000. Versant Capital Management Inc increased its stake in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in Willis Towers Watson Public during the fourth quarter valued at $72,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WTW shares. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods upped their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Truist Financial reiterated a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised 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, three have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $342.08.

Willis Towers Watson Public Stock Down 0.3 %

Shares of NASDAQ WTW opened at $324.73 on Friday. 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 price is $317.98 and its two-hundred day moving average price is $304.44. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $7.44 EPS. On average, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.31 earnings per share 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. Stockholders 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 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -352.00%.

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.