SkyView Investment Advisors LLC Boosts Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

SkyView Investment Advisors LLC increased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,560 shares of the company’s stock after purchasing an additional 54 shares during the quarter. SkyView Investment Advisors LLC’s holdings in Willis Towers Watson Public were worth $754,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public in the third quarter worth $27,000. American National Bank purchased a new stake in shares of Willis Towers Watson Public in the 2nd quarter valued at about $36,000. Ashton Thomas Securities LLC bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $41,000. New Millennium Group LLC purchased a new position in shares of Willis Towers Watson Public during the second quarter worth about $54,000. Finally, Farther Finance Advisors LLC increased its position in shares of Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Jefferies Financial Group upped their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, Keefe, Bruyette & Woods raised their price objective on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $321.80.

Willis Towers Watson Public Trading Up 0.7 %

Shares of Willis Towers Watson Public stock opened at $309.84 on Thursday. The company’s fifty day simple moving average is $305.72 and its two-hundred day simple moving average is $285.05. Willis Towers Watson Public Limited has a 12-month low of $234.01 and a 12-month 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 Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. Willis Towers Watson Public’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $2.24 earnings per share. Sell-side analysts predict that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio is presently -48.35%.

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.