Tectonic Advisors LLC Invests $215,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Tectonic Advisors LLC acquired a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 687 shares of the company’s stock, valued at approximately $215,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Timber Creek Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after acquiring an additional 1,957 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in Willis Towers Watson Public by 71.7% during the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after buying an additional 2,775 shares during the period. Intech Investment Management LLC grew its stake in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock valued at $30,753,000 after buying an additional 23,001 shares during the last quarter. Atom Investors LP increased its holdings in shares of Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after buying an additional 3,126 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Willis Towers Watson Public by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after acquiring an additional 37,340 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on WTW shares. Wells Fargo & Company lowered their price objective on 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 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Barclays upped their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.64.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $326.91 on Friday. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock has a market cap of $32.93 billion, a P/E ratio of -44.91, a P/E/G ratio of 1.79 and a beta of 0.74. The business’s 50 day moving average price is $317.58 and its 200-day moving average price is $301.26.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $7.44 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.88 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

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.