DT Investment Partners LLC Has $61,000 Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

DT Investment Partners LLC increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 281.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 248 shares of the company’s stock after acquiring an additional 183 shares during the period. DT Investment Partners LLC’s holdings in Willis Towers Watson Public were worth $61,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. abrdn plc lifted its stake in shares of Willis Towers Watson Public by 67.1% in the 4th quarter. abrdn plc now owns 43,754 shares of the company’s stock valued at $10,553,000 after purchasing an additional 17,565 shares during the period. Greenleaf Trust acquired a new position in Willis Towers Watson Public in the fourth quarter valued at about $233,000. Fonville Wealth Management LLC bought a new position in Willis Towers Watson Public during the fourth quarter worth about $375,000. Fidelis Capital Partners LLC grew its position in shares of Willis Towers Watson Public by 11.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,098 shares of the company’s stock worth $265,000 after buying an additional 111 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Willis Towers Watson Public by 58.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,898 shares of the company’s stock valued at $6,970,000 after acquiring an additional 10,624 shares during the last quarter. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Up 0.6 %

Shares of Willis Towers Watson Public stock opened at $264.52 on Friday. The firm has a market cap of $27.05 billion, a PE ratio of 26.40, a P/E/G ratio of 1.51 and a beta of 0.73. The business’s 50 day simple moving average is $271.39 and its 200 day simple moving average is $249.59. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. Willis Towers Watson Public Limited has a 52-week low of $195.29 and a 52-week high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.33 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a $0.88 dividend. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.13%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WTW. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $236.00 to $315.00 in a research note on Monday, February 12th. Raymond James reissued an “outperform” rating and issued a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Roth Mkm upped their price objective on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Stifel Nicolaus lifted their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Finally, Wells Fargo & Company decreased their target price on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.54.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.22% of the stock is owned by corporate insiders.

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.