Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 22.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,659 shares of the company’s stock after acquiring an additional 1,775 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Willis Towers Watson Public were worth $3,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Y.D. More Investments Ltd boosted its position in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $49,000. Versant Capital Management Inc grew its position in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Willis Towers Watson Public during the fourth quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willis Towers Watson Public during the fourth quarter worth $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of recent research reports. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reaffirmed a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their price objective for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $346.15.

Willis Towers Watson Public Stock Up 0.2 %

Shares of NASDAQ:WTW opened at $337.95 on Tuesday. The firm’s 50-day moving average is $328.68 and its two-hundred day moving average is $314.01. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $344.14. The firm has a market capitalization of $33.69 billion, a PE ratio of -337.95, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.

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

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.09%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is presently -368.00%.

Insider Buying and Selling 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 shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.22% of the stock is owned by corporate insiders.

About Willis Towers Watson Public

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.