Amalgamated Bank Sells 395 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Amalgamated Bank lowered its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,595 shares of the company’s stock after selling 395 shares during the period. Amalgamated Bank’s holdings in Willis Towers Watson Public were worth $6,138,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in WTW. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at about $27,000. Y.D. More Investments Ltd raised its stake in shares of Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $41,000. Versant Capital Management Inc boosted its stake in shares of Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at $72,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 1.1 %

Shares of NASDAQ WTW opened at $336.34 on Thursday. The firm has a fifty day simple moving average of $319.92 and a two-hundred day simple moving average of $306.33. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $338.46. 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 market capitalization of $33.88 billion, a PE ratio of -336.34, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. Willis Towers Watson Public’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $7.44 earnings per share. Equities analysts expect that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Wall Street Analyst Weigh In

WTW has been the subject of several recent research reports. Jefferies Financial Group raised 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. Barclays boosted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Finally, Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

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.