Harbour Capital Advisors LLC Lowers Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Harbour Capital Advisors LLC decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,495 shares of the company’s stock after selling 120 shares during the period. Harbour Capital Advisors LLC’s holdings in Willis Towers Watson Public were worth $462,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Mizuho Securities USA LLC raised its holdings in Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Willis Towers Watson Public by 277.8% during 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 acquiring an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Willis Towers Watson Public by 47,515.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after acquiring an additional 498,915 shares during the last quarter. Point72 Asset Management L.P. lifted its position in Willis Towers Watson Public by 456.5% during the second quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after acquiring an additional 162,741 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new stake in Willis Towers Watson Public in the third quarter valued at approximately $39,999,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company raised their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Keefe, Bruyette & Woods upped 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 report on Friday. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the stock from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, Truist Financial restated a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $333.29.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $311.26 on Tuesday. The business’s 50-day moving average is $314.77 and its two-hundred day moving average is $294.28. The company has a market capitalization of $31.35 billion, a P/E ratio of -42.76, a P/E/G ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public Limited has a fifty-two week low of $242.54 and a fifty-two week high of $334.99. 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) last posted 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 firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $2.24 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 5.7% compared to the same quarter last year. Research analysts predict that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

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.