Ieq Capital LLC Increases Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Ieq Capital LLC raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.3% in the 4th quarter, Holdings Channel reports. The firm owned 5,223 shares of the company’s stock after acquiring an additional 118 shares during the period. Ieq Capital LLC’s holdings in Willis Towers Watson Public were worth $1,636,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in Willis Towers Watson Public by 36.4% during the fourth quarter. Global Retirement Partners LLC now owns 1,273 shares of the company’s stock valued at $399,000 after buying an additional 340 shares during the last quarter. Callahan Advisors LLC grew its stake in shares of Willis Towers Watson Public by 2.4% in the 4th quarter. Callahan Advisors LLC now owns 14,744 shares of the company’s stock worth $4,618,000 after buying an additional 352 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth about $263,000. Pinnbrook Capital Management LP purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at about $3,915,000. Finally, CIBC Asset Management Inc lifted its holdings in shares of Willis Towers Watson Public by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 12,328 shares of the company’s stock valued at $3,862,000 after acquiring an additional 402 shares during the last quarter. 93.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WTW. Truist Financial reissued a “buy” rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Barclays lifted 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. Wells Fargo & Company dropped their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Finally, Jefferies Financial Group raised 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 report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public Stock Up 0.4 %

WTW stock opened at $325.95 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm’s fifty day simple moving average is $318.60 and its 200-day simple moving average is $305.16. 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 market capitalization of $32.83 billion, a P/E ratio of -325.95, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results 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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the firm earned $7.44 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, equities research analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

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

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.