Teamwork Financial Advisors LLC Trims Holdings in Willis Towers Watson Public Limited Company $WTW

Teamwork Financial Advisors LLC cut its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 81.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,293 shares of the company’s stock after selling 28,462 shares during the period. Teamwork Financial Advisors LLC’s holdings in Willis Towers Watson Public were worth $2,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of WTW. Alpine Bank Wealth Management purchased a new stake in Willis Towers Watson Public during the 3rd quarter worth approximately $25,000. SOA Wealth Advisors LLC. raised its holdings in 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 valued at $29,000 after buying an additional 82 shares during the period. Raiffeisen Bank International AG purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $31,000. Quent Capital LLC acquired a new position in Willis Towers Watson Public during the third quarter worth $34,000. Finally, Motco lifted its stake in Willis Towers Watson Public by 1,933.3% during the 3rd quarter. Motco now owns 122 shares of the company’s stock worth $42,000 after acquiring an additional 116 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Evercore upped their price objective on shares of Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Truist Financial raised their target price on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research 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 research report on Wednesday, March 11th. Finally, UBS Group boosted their price objective on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.14.

Willis Towers Watson Public Trading Up 1.4%

Shares of WTW stock opened at $291.25 on Monday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $27.54 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.30 and a beta of 0.62. The firm has a 50-day moving average price of $306.31 and a 200 day moving average price of $321.33. Willis Towers Watson Public Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79.

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

Willis Towers Watson Public Increases Dividend

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

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.