Concurrent Investment Advisors LLC Buys 50 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Concurrent Investment Advisors LLC grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,117 shares of the company’s stock after buying an additional 50 shares during the period. Concurrent Investment Advisors LLC’s holdings in Willis Towers Watson Public were worth $350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of WTW. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $27,000. Y.D. More Investments Ltd increased its stake in Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Willis Towers Watson Public during the third quarter worth approximately $41,000. Versant Capital Management Inc raised its holdings in shares of Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after acquiring an additional 85 shares during the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in Willis Towers Watson Public in the 4th quarter valued at $72,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 1.4 %

Shares of NASDAQ WTW opened at $332.82 on Wednesday. The stock has a market capitalization of $33.52 billion, a PE ratio of -332.82, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. 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’s fifty day simple moving average is $319.34 and its two-hundred day simple moving average is $306.12. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $334.99.

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, beating the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $7.44 EPS. As a group, analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.11%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio is currently -352.00%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Barclays increased their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

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.