44 Wealth Management LLC Sells 218 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

44 Wealth Management LLC lowered its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,911 shares of the company’s stock after selling 218 shares during the quarter. 44 Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the third quarter worth about $27,000. Y.D. More Investments Ltd grew 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 worth $39,000 after buying 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 worth about $41,000. Versant Capital Management Inc grew 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 worth $55,000 after buying an additional 85 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after buying an additional 43 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on WTW shares. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $325.95 on Friday. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $334.99. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company’s 50 day moving average price is $318.31 and its 200-day moving average price is $304.58.

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, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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%. Willis Towers Watson Public’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.44 EPS. Research analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.88 dividend. 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 payout ratio is -352.00%.

About Willis Towers Watson Public

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.