Wealthfront Advisers LLC Grows Stake in Willis Towers Watson Public Limited Company $WTW

Wealthfront Advisers LLC lifted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 48.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 17,840 shares of the company’s stock after buying an additional 5,813 shares during the quarter. Wealthfront Advisers LLC’s holdings in Willis Towers Watson Public were worth $6,163,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Alpine Bank Wealth Management bought a new stake in Willis Towers Watson Public during the 3rd quarter valued at about $25,000. SOA Wealth Advisors LLC. grew its holdings in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after buying an additional 82 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $34,000. Motco increased its position in shares of Willis Towers Watson Public by 1,933.3% during the third quarter. Motco now owns 122 shares of the company’s stock valued at $42,000 after acquiring an additional 116 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Willis Towers Watson Public in the 2nd quarter worth approximately $39,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 1.0%

Willis Towers Watson Public stock opened at $282.98 on Friday. Willis Towers Watson Public Limited Company has a one year low of $275.60 and a one year high of $352.79. The stock has a fifty day moving average of $324.06 and a 200 day moving average of $326.95. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.69 and a current ratio of 2.21. The stock has a market cap of $27.10 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 1.27 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, topping the consensus estimate 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 last year, the firm posted $8.13 earnings per share. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. As a group, sell-side analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.92 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.47%.

Wall Street Analyst Weigh In

Several brokerages have commented on WTW. Wells Fargo & Company increased their target price on Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Evercore lifted their price objective on Willis Towers Watson Public from $383.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Cantor Fitzgerald decreased their target price on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Finally, TD Cowen lowered their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $374.57.

Willis Towers Watson Public Company Profile

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.