Evanson Asset Management LLC Sells 230 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Evanson Asset Management LLC trimmed its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 12.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,576 shares of the company’s stock after selling 230 shares during the period. Evanson Asset Management LLC’s holdings in Willis Towers Watson Public were worth $494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV increased its holdings in shares of Willis Towers Watson Public by 1.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,025 shares of the company’s stock worth $4,019,000 after buying an additional 256 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Willis Towers Watson Public by 4.2% in the 2nd quarter. Blair William & Co. IL now owns 6,595 shares of the company’s stock valued at $1,729,000 after purchasing an additional 263 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Willis Towers Watson Public by 24.0% in the 2nd quarter. Brighton Jones LLC now owns 1,570 shares of the company’s stock worth $412,000 after purchasing an additional 304 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Willis Towers Watson Public by 13.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 70,819 shares of the company’s stock valued at $18,564,000 after purchasing an additional 8,292 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in Willis Towers Watson Public by 4.6% during the 2nd quarter. Pacer Advisors Inc. now owns 7,530 shares of the company’s stock valued at $1,974,000 after buying an additional 328 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Truist Financial reiterated a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. 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 report on Tuesday, January 14th. Barclays increased their target price 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. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Trading Down 0.5 %

Shares of WTW opened at $320.65 on Monday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a 50 day moving average price of $315.01 and a 200-day moving average price of $295.87. Willis Towers Watson Public Limited has a fifty-two week low of $242.54 and a fifty-two week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the business earned $2.24 earnings per share. Willis Towers Watson Public’s revenue was up 5.7% on a year-over-year basis. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Willis Towers Watson Public Company 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.