Sequoia Financial Advisors LLC Buys 2,011 Shares of Willis Towers Watson Public Limited Company $WTW

Sequoia Financial Advisors LLC raised its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 122.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,650 shares of the company’s stock after purchasing an additional 2,011 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Willis Towers Watson Public were worth $1,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WTW. Bartlett & CO. Wealth Management LLC raised its position in shares of Willis Towers Watson Public by 375.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after acquiring an additional 60 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at $31,000. Quent Capital LLC bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at $39,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $251.44 on Wednesday. The firm has a market cap of $23.75 billion, a PE ratio of 14.66, a PEG ratio of 1.10 and a beta of 0.45. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78. Willis Towers Watson Public Limited Company has a 1-year low of $246.60 and a 1-year high of $352.79. The company has a fifty day moving average price of $286.37 and a 200 day moving average price of $307.91.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the prior year, the business posted $3.13 EPS. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Research analysts predict that Willis Towers Watson Public Limited Company will post 19.5 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.96 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.84 annualized dividend and a yield of 1.5%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. Willis Towers Watson Public’s payout ratio is currently 22.39%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Lucy Clarke bought 1,896 shares of the stock in a transaction dated Wednesday, May 6th. The shares were bought at an average cost of $263.37 per share, with a total value of $499,349.52. Following the completion of the acquisition, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on WTW shares. Piper Sandler dropped their target price on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Barclays lowered their price objective on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price objective for the company in a research report on Wednesday, May 6th. Bank of America lowered their price objective on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Finally, Mizuho lowered their price objective on shares of Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $351.73.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.