Mather Group LLC. Grows Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mather Group LLC. boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 676 shares of the company’s stock after buying an additional 68 shares during the quarter. Mather Group LLC.’s holdings in Willis Towers Watson Public were worth $212,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mizuho Securities USA LLC raised its holdings in shares of Willis Towers Watson Public by 95,880.2% during 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 last quarter. Geode Capital Management LLC increased its position in shares of Willis Towers Watson Public by 0.8% during the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock worth $772,027,000 after purchasing an additional 19,623 shares in the last quarter. FMR LLC raised its stake 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 valued at $711,718,000 after purchasing an additional 48,384 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA boosted its stake in Willis Towers Watson Public by 7.8% during the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock worth $524,619,000 after purchasing an additional 128,558 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Truist Financial reiterated a “buy” rating and issued 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 increased their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Wells Fargo & Company lowered their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Keefe, Bruyette & Woods increased 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. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.64.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $326.91 on Friday. The firm has a 50-day simple moving average of $317.58 and a two-hundred day simple moving average of $301.26. The stock has a market cap of $32.93 billion, a PE ratio of -44.91, a P/E/G ratio of 1.79 and a beta of 0.74. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $334.99. 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 (NASDAQ:WTW) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. 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 $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the firm earned $7.44 EPS. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. As a group, analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

About Willis Towers Watson Public

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.