First Hawaiian Bank Makes New Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

First Hawaiian Bank bought a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,050 shares of the company’s stock, valued at approximately $955,000.

A number of other large investors also recently made changes to their positions in the company. Mizuho Securities USA LLC lifted its holdings in 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 worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the period. Geode Capital Management LLC boosted its stake in Willis Towers Watson Public by 0.8% in the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock valued at $772,027,000 after acquiring an additional 19,623 shares during the last quarter. FMR LLC grew its position in shares of Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock valued at $711,718,000 after acquiring an additional 48,384 shares during the period. Victory Capital Management Inc. increased its stake 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 last quarter. Finally, Baupost Group LLC MA raised its holdings in shares of Willis Towers Watson Public by 7.8% in 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 period. 93.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WTW. Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group raised shares of 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 report on Friday, December 20th. Truist Financial reiterated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays raised their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $331.53.

Willis Towers Watson Public Price Performance

WTW stock opened at $314.15 on Friday. The firm has a 50 day simple moving average of $314.33 and a two-hundred day simple moving average of $293.20. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a market cap of $31.64 billion, a PE ratio of -43.15, a P/E/G ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public Limited has a one year low of $238.37 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly 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 firm had revenue of $2.29 billion during the quarter, compared to analyst estimates 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%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.24 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.12%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is presently -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.