Chevy Chase Trust Holdings LLC Trims Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Chevy Chase Trust Holdings LLC lessened its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,886 shares of the company’s stock after selling 1,591 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of Willis Towers Watson Public worth $16,566,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. raised its position in shares of Willis Towers Watson Public by 144.5% during the 4th quarter. Vontobel Holding Ltd. now owns 3,203 shares of the company’s stock valued at $1,003,000 after buying an additional 1,893 shares during the period. Asset Management One Co. Ltd. raised its position in Willis Towers Watson Public by 3.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 41,939 shares of the company’s stock valued at $13,266,000 after purchasing an additional 1,354 shares during the period. Summit Trail Advisors LLC purchased a new stake in Willis Towers Watson Public in the fourth quarter valued at approximately $264,000. Kingsview Wealth Management LLC raised its position in Willis Towers Watson Public by 7.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 33,160 shares of the company’s stock valued at $10,387,000 after purchasing an additional 2,198 shares during the period. Finally, Cidel Asset Management Inc. purchased a new stake in Willis Towers Watson Public in the fourth quarter valued at approximately $42,964,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on WTW shares. Truist Financial reissued a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price target for the stock 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 given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $320.40 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The firm has a fifty day moving average price of $317.21 and a 200 day moving average price of $303.61. The company has a market cap of $32.27 billion, a P/E ratio of -320.40, a PEG 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.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the previous year, the firm posted $7.44 earnings per share. The company’s revenue was up 4.2% compared to the same quarter last year. Sell-side analysts predict that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. 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.