Dakota Wealth Management decreased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,124 shares of the company’s stock after selling 510 shares during the quarter. Dakota Wealth Management’s holdings in Willis Towers Watson Public were worth $7,870,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the stock. Mizuho Securities USA LLC boosted its position in Willis Towers Watson Public by 95,880.2% during the third 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Willis Towers Watson Public by 277.8% during the third 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 during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted 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 worth $147,255,000 after acquiring an additional 498,915 shares during the last quarter. Point72 Asset Management L.P. boosted 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 worth $52,006,000 after acquiring an additional 162,741 shares during the last quarter. Finally, Canoe Financial LP acquired a new position in Willis Towers Watson Public during the fourth quarter worth about $47,883,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on WTW. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Truist Financial reiterated a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company decreased their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods boosted 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 report on Friday, January 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $333.64.
Willis Towers Watson Public Trading Up 0.6 %
Shares of Willis Towers Watson Public stock opened at $322.49 on Wednesday. The company has a fifty day simple moving average of $315.12 and a 200-day simple moving average of $296.29. 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 Limited has a 12-month low of $242.54 and a 12-month high of $334.99.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.24 EPS. As a group, equities analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.
Willis Towers Watson Public Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is currently -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.
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