Mizuho Securities USA LLC Buys 2,961 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Mizuho Securities USA LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 45.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,546 shares of the company’s stock after acquiring an additional 2,961 shares during the quarter. Mizuho Securities USA LLC’s holdings in Willis Towers Watson Public were worth $2,990,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WTW. GSA Capital Partners LLP acquired a new position in shares of Willis Towers Watson Public during the 3rd quarter worth $262,000. Thrivent Financial for Lutherans raised its holdings in shares of Willis Towers Watson Public by 0.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,240 shares of the company’s stock worth $4,194,000 after buying an additional 130 shares in the last quarter. Pathstone Holdings LLC raised its holdings in shares of Willis Towers Watson Public by 3.6% during the 3rd quarter. Pathstone Holdings LLC now owns 7,757 shares of the company’s stock worth $2,286,000 after buying an additional 270 shares in the last quarter. Caprock Group LLC raised its holdings in shares of Willis Towers Watson Public by 22.7% during the 3rd quarter. Caprock Group LLC now owns 1,258 shares of the company’s stock worth $372,000 after buying an additional 233 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Willis Towers Watson Public by 8.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 11,407 shares of the company’s stock worth $3,360,000 after buying an additional 931 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Truist Financial reissued a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods upped their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Finally, Wells Fargo & Company lowered their target price 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $346.15.

Willis Towers Watson Public Trading Down 0.5 %

Shares of WTW stock opened at $332.71 on Monday. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average of $326.11 and a 200-day moving average of $312.03. The stock has a market cap of $33.17 billion, a price-to-earnings ratio of -332.71, a PEG ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the company earned $7.44 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.92 per share. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.22% of the stock is owned by corporate insiders.

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.