Global Retirement Partners LLC Purchases 340 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Global Retirement Partners LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 36.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,273 shares of the company’s stock after purchasing an additional 340 shares during the period. Global Retirement Partners LLC’s holdings in Willis Towers Watson Public were worth $399,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mizuho Securities USA LLC boosted its position in shares of Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares during the period. Geode Capital Management LLC boosted its holdings in Willis Towers Watson Public by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock valued at $772,027,000 after purchasing an additional 19,623 shares during the period. FMR LLC grew its position in Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after purchasing an additional 48,384 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Willis Towers Watson Public by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after purchasing an additional 10,856 shares during the period. Finally, Baupost Group LLC MA raised its position in shares of Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after buying an additional 128,558 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.4 %

WTW opened at $325.95 on Monday. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $334.99. The stock has a market capitalization of $32.83 billion, a PE ratio of -325.95, a PEG ratio of 2.95 and a beta of 0.74. 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 50-day moving average price of $318.60 and a two-hundred day moving average price of $305.16.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the company posted $7.44 EPS. As a group, equities analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.88 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio is currently -352.00%.

Analysts Set New Price Targets

WTW has been the subject of several recent research reports. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reiterated a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Barclays raised their price target on shares of 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, Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price objective for the company 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average 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.