Concurrent Investment Advisors LLC Grows Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Concurrent Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,117 shares of the company’s stock after purchasing an additional 50 shares during the period. Concurrent Investment Advisors LLC’s holdings in Willis Towers Watson Public were worth $350,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the third quarter worth approximately $27,000. Y.D. More Investments Ltd raised its position in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $41,000. Versant Capital Management Inc increased its position in Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 22.2% in 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. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent research reports. Wells Fargo & Company lowered their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Barclays upped their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $342.08.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $332.82 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The firm’s 50-day moving average price is $319.34 and its two-hundred day moving average price is $306.12. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $334.99. The stock has a market capitalization of $33.52 billion, a P/E ratio of -332.82, a P/E/G ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the firm posted $7.44 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.11%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -352.00%.

Willis Towers Watson Public Company 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.