Dakota Wealth Management Cuts Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Dakota Wealth Management lowered its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 25,124 shares of the company’s stock after selling 510 shares during the period. Dakota Wealth Management’s holdings in Willis Towers Watson Public were worth $7,870,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at about $41,000. Versant Capital Management Inc lifted its stake 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 during the period. Farther Finance Advisors LLC lifted its stake in shares of Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research reports. Barclays lifted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Truist Financial restated 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. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $333.64.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $322.49 on Wednesday. The company’s fifty day simple moving average is $315.12 and its 200-day simple moving average is $296.29. Willis Towers Watson Public Limited has a 52 week low of $242.54 and a 52 week high of $334.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last posted its 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 negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the company posted $2.24 earnings per share. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, research analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.09%. Willis Towers Watson Public’s dividend payout ratio is presently -48.35%.

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.