Capital Fund Management S.A. Trims Holdings in Willis Towers Watson Public Limited Company $WTW

Capital Fund Management S.A. lowered its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,338 shares of the company’s stock after selling 1,885 shares during the quarter. Capital Fund Management S.A.’s holdings in Willis Towers Watson Public were worth $10,135,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in WTW. Alpine Bank Wealth Management bought a new position in Willis Towers Watson Public during the 3rd quarter valued at $25,000. SOA Wealth Advisors LLC. increased its position in shares of Willis Towers Watson Public by 8,200.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $31,000. Quent Capital LLC acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $34,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Willis Towers Watson Public during the second quarter worth about $39,000. Institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Cantor Fitzgerald lowered their price objective on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Wells Fargo & Company increased their target price on Willis Towers Watson Public from $366.00 to $379.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Barclays upgraded Willis Towers Watson Public from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $318.00 to $341.00 in a report on Wednesday. Piper Sandler dropped their price target on Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Finally, Truist Financial raised their price objective on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $373.14.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $286.63 on Friday. The company has a market cap of $27.10 billion, a P/E ratio of 17.50, a PEG ratio of 1.29 and a beta of 0.62. The business has a 50 day moving average of $311.41 and a two-hundred day moving average of $323.10. Willis Towers Watson Public Limited Company has a 52 week low of $275.60 and a 52 week high of $352.79. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.The business had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same period in the prior year, the firm earned $8.13 EPS. The business’s quarterly revenue was down 3.3% on a year-over-year basis. As a group, analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.96 dividend. The ex-dividend date is Tuesday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.47%.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.