CX Institutional Increases Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

CX Institutional grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 795 shares of the company’s stock after acquiring an additional 60 shares during the quarter. CX Institutional’s holdings in Willis Towers Watson Public were worth $249,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $41,000. Versant Capital Management Inc boosted its holdings in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 22.2% during 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. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at about $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $322.37 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 1-year low of $242.54 and a 1-year high of $334.99. The company has a market capitalization of $32.47 billion, a P/E ratio of -44.28, a P/E/G ratio of 1.72 and a beta of 0.74. The firm’s 50 day simple moving average is $315.57 and its two-hundred day simple moving average is $297.76.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the firm earned $2.24 earnings per share. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. Research analysts expect that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on WTW shares. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their price target for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Truist Financial reissued a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Barclays raised their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.64.

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.