Brighton Jones LLC Increases Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brighton Jones LLC increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 1,368 shares of the company’s stock after buying an additional 61 shares during the period. Brighton Jones LLC’s holdings in Willis Towers Watson Public were worth $429,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WTW. Janney Montgomery Scott LLC raised its holdings in Willis Towers Watson Public by 2.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,487 shares of the company’s stock worth $779,000 after purchasing an additional 70 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Willis Towers Watson Public by 239.9% in the 4th quarter. SG Americas Securities LLC now owns 44,831 shares of the company’s stock worth $14,043,000 after buying an additional 31,643 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 351.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 35,909 shares of the company’s stock worth $11,280,000 after acquiring an additional 27,950 shares in the last quarter. Sheets Smith Wealth Management lifted its position in Willis Towers Watson Public by 42.6% during the fourth quarter. Sheets Smith Wealth Management now owns 1,790 shares of the company’s stock valued at $561,000 after acquiring an additional 535 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Willis Towers Watson Public by 12.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after acquiring an additional 38 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 1.1 %

Willis Towers Watson Public stock opened at $322.37 on Monday. Willis Towers Watson Public Limited has a 52 week low of $242.54 and a 52 week high of $334.99. The firm has a market cap of $32.47 billion, a price-to-earnings ratio of -44.28, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. The business’s 50-day moving average price is $315.57 and its 200 day moving average price is $297.76. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. 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 $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the firm earned $2.24 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WTW. Wells Fargo & Company decreased their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Truist Financial restated a “buy” rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $333.64.

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.