Bleakley Financial Group LLC Boosts Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Bleakley Financial Group LLC increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.6% in the 4th quarter, HoldingsChannel reports. The fund owned 2,589 shares of the company’s stock after buying an additional 114 shares during the quarter. Bleakley Financial Group LLC’s holdings in Willis Towers Watson Public were worth $811,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public in the 3rd quarter worth approximately $27,000. Y.D. More Investments Ltd lifted its holdings in shares of Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after buying 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 third quarter worth $41,000. Versant Capital Management Inc grew its stake in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after acquiring an additional 43 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the company from $352.00 to $382.00 in a report on Friday, December 20th. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Truist Financial reissued a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus target price of $338.69.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $325.79 on Monday. The firm has a market capitalization of $32.82 billion, a PE ratio of -325.79, a price-to-earnings-growth ratio of 2.91 and a beta of 0.74. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $334.99. The firm has a 50-day moving average price of $317.78 and a 200-day moving average price of $302.11. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.44 earnings per share. As a group, equities research analysts forecast that Willis Towers Watson Public Limited will post 17.72 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -352.00%.

Willis Towers Watson Public 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.