Legacy Wealth Asset Management LLC Has $780,000 Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Legacy Wealth Asset Management LLC trimmed its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,490 shares of the company’s stock after selling 32 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Willis Towers Watson Public were worth $780,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Mizuho Securities USA LLC boosted its position in 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 worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Willis Towers Watson Public by 0.8% in the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock worth $772,027,000 after purchasing an additional 19,623 shares in the last quarter. FMR LLC boosted its holdings in Willis Towers Watson Public by 2.0% during the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after purchasing an additional 48,384 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Willis Towers Watson Public by 0.5% during the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after purchasing an additional 10,856 shares during the last quarter. Finally, Baupost Group LLC MA increased its stake in Willis Towers Watson Public by 7.8% in the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after buying an additional 128,558 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on WTW. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Roth Mkm increased their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $333.64.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $320.65 on Friday. Willis Towers Watson Public Limited has a 12-month low of $242.54 and a 12-month high of $334.99. The firm has a 50-day moving average price of $315.01 and a two-hundred day moving average price of $295.38. The company has a market capitalization of $32.30 billion, a P/E ratio of -44.05, a P/E/G ratio of 1.69 and a beta of 0.74. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.24 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

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.