Kingsview Wealth Management LLC Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Kingsview Wealth Management LLC raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,160 shares of the company’s stock after acquiring an additional 2,198 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $10,387,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cetera Investment Advisers boosted its holdings in shares of Willis Towers Watson Public by 8.5% in the 2nd quarter. Cetera Investment Advisers now owns 7,691 shares of the company’s stock valued at $2,016,000 after buying an additional 600 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $895,000. Czech National Bank grew its stake in Willis Towers Watson Public by 6.2% during the 3rd quarter. Czech National Bank now owns 20,688 shares of the company’s stock worth $6,093,000 after buying an additional 1,205 shares during the last quarter. Mather Group LLC. increased its position in Willis Towers Watson Public by 14.5% during the 3rd quarter. Mather Group LLC. now owns 608 shares of the company’s stock valued at $179,000 after buying an additional 77 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in Willis Towers Watson Public by 4.7% in the third quarter. Dynamic Advisor Solutions LLC now owns 1,932 shares of the company’s stock valued at $569,000 after buying an additional 86 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Down 0.3 %

NASDAQ:WTW opened at $325.79 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $334.99. The stock’s 50-day moving average price is $317.70 and its 200-day moving average price is $301.44.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the previous year, the business earned $7.44 earnings per share. The business’s revenue was up 4.2% compared to the same quarter last year. Sell-side analysts predict that Willis Towers Watson Public Limited will post 17.72 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -352.00%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on WTW. Wells Fargo & Company dropped their price target on 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. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Finally, Barclays lifted their price target on 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $338.69.

Willis Towers Watson Public Company 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.