Exchange Traded Concepts LLC Purchases 315 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Exchange Traded Concepts LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,979 shares of the company’s stock after acquiring an additional 315 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Willis Towers Watson Public were worth $933,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in WTW. Capital Performance Advisors LLP purchased a new stake in shares of Willis Towers Watson Public in the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth $41,000. Versant Capital Management Inc grew its position in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after buying an additional 43 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $76,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 1.0 %

NASDAQ:WTW opened at $326.07 on Wednesday. The company has a market capitalization of $32.84 billion, a P/E ratio of -44.79, a PEG 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 Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The firm has a fifty day simple moving average of $315.91 and a 200-day simple moving average of $298.51.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the firm posted $2.24 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year. On average, equities research 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Wall Street Analysts Forecast Growth

A number of research firms have commented 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. Wells Fargo & Company reduced their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Roth Mkm boosted their price target 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. Finally, Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and a consensus target price 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.