SG Americas Securities LLC Grows Position in Willis Towers Watson Public Limited Company $WTW

SG Americas Securities LLC lifted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 689.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,135 shares of the company’s stock after acquiring an additional 53,394 shares during the quarter. SG Americas Securities LLC’s holdings in Willis Towers Watson Public were worth $20,089,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WTW. Wedmont Private Capital increased its position in shares of Willis Towers Watson Public by 3.8% during the 3rd quarter. Wedmont Private Capital now owns 919 shares of the company’s stock worth $322,000 after purchasing an additional 34 shares in the last quarter. World Investment Advisors boosted its position in Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock valued at $269,000 after buying an additional 35 shares in the last quarter. Ethic Inc. grew its stake in Willis Towers Watson Public by 0.3% during the third quarter. Ethic Inc. now owns 14,050 shares of the company’s stock worth $4,853,000 after buying an additional 36 shares during the last quarter. Gateway Investment Advisers LLC grew its stake in Willis Towers Watson Public by 1.7% during the third quarter. Gateway Investment Advisers LLC now owns 2,284 shares of the company’s stock worth $789,000 after buying an additional 38 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

WTW opened at $282.18 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market capitalization of $26.68 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.28 and a beta of 0.62. The company’s 50 day simple moving average is $302.36 and its 200-day simple moving average is $320.02. Willis Towers Watson Public Limited Company has a one year low of $275.60 and a one year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the previous year, the company posted $8.13 EPS. Willis Towers Watson Public’s revenue was down 3.3% on a year-over-year basis. Sell-side analysts anticipate 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 company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.96 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.47%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on WTW shares. Truist Financial lifted their target price on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. UBS Group raised their price target on Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. Barclays raised Willis Towers Watson Public from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $318.00 to $341.00 in a research note on Wednesday, March 11th. Finally, Evercore increased their target price 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. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $373.14.

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.