Fifth Third Bancorp Sells 80 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Fifth Third Bancorp trimmed its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,370 shares of the company’s stock after selling 80 shares during the period. Fifth Third Bancorp’s holdings in Willis Towers Watson Public were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC grew its position in Willis Towers Watson Public by 11.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 2,979 shares of the company’s stock worth $933,000 after acquiring an additional 315 shares in the last quarter. CX Institutional lifted its stake in shares of Willis Towers Watson Public by 8.2% in the 4th quarter. CX Institutional now owns 795 shares of the company’s stock valued at $249,000 after purchasing an additional 60 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after purchasing an additional 61 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Willis Towers Watson Public by 2.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,487 shares of the company’s stock valued at $779,000 after purchasing an additional 70 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in Willis Towers Watson Public by 239.9% during the 4th quarter. SG Americas Securities LLC now owns 44,831 shares of the company’s stock valued at $14,043,000 after buying an additional 31,643 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on WTW shares. Roth Mkm lifted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods raised their price objective on shares of 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. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Barclays raised their price target on 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average price target of $333.64.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $326.07 on Wednesday. Willis Towers Watson Public Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The stock’s fifty day moving average price is $315.91 and its 200-day moving average price is $298.51. The firm has a market cap of $32.84 billion, a P/E ratio of -44.79, a P/E/G ratio of 1.72 and a beta of 0.74. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS 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 business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the business posted $2.24 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, equities research analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

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.