Golden State Wealth Management LLC Takes $72,000 Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 230 shares of the company’s stock, valued at approximately $72,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mizuho Securities USA LLC boosted its stake in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after acquiring an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Willis Towers Watson Public by 277.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after purchasing an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its stake in Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after purchasing an additional 498,915 shares in the last quarter. Canoe Financial LP acquired a new stake in Willis Towers Watson Public during the 4th quarter worth about $47,883,000. Finally, World Investment Advisors LLC purchased a new stake in Willis Towers Watson Public during the third quarter valued at about $39,999,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $325.18 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $32.75 billion, a PE ratio of -325.18, 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 company has a 50 day moving average price of $317.78 and a two-hundred day moving average price of $302.36.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion for 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 for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $7.44 EPS. As a group, equities 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 disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is -352.00%.

Analyst Ratings Changes

Several research firms have recently weighed in on WTW. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. 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. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $338.69.

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.