United Asset Strategies Inc. Sells 600 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

United Asset Strategies Inc. lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 23.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,921 shares of the company’s stock after selling 600 shares during the quarter. United Asset Strategies Inc.’s holdings in Willis Towers Watson Public were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC boosted its holdings in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after buying an additional 37 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Willis Towers Watson Public by 12.7% during 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 during the last quarter. Glenmede Trust Co. NA boosted its stake in Willis Towers Watson Public by 3.1% in the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after acquiring an additional 42 shares in the last quarter. Creative Planning grew its holdings in Willis Towers Watson Public by 0.3% in the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position 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 worth $70,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $329.44 on Tuesday. The business has a 50-day moving average price of $315.57 and a 200 day moving average price of $298.03. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a twelve month low of $242.54 and a twelve month high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating 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 business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the business earned $2.24 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. 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 business 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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.07%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WTW. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Roth Mkm lifted their target price 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. Wells Fargo & Company cut their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Finally, Truist Financial reiterated a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $333.64.

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.