V Square Quantitative Management LLC Lowers Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

V Square Quantitative Management LLC lowered its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,105 shares of the company’s stock after selling 51 shares during the period. V Square Quantitative Management LLC’s holdings in Willis Towers Watson Public were worth $659,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mizuho Securities USA LLC increased its holdings in shares of Willis Towers Watson Public by 95,880.2% during the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after acquiring an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Willis Towers Watson Public by 47,515.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after acquiring an additional 498,915 shares in the last quarter. Canoe Financial LP bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at $47,883,000. Finally, Cidel Asset Management Inc. bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at $42,964,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.6 %

Shares of WTW stock opened at $320.40 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company has a market cap of $32.27 billion, a price-to-earnings ratio of -320.40, a PEG ratio of 2.91 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $334.99. The firm has a fifty day moving average price of $317.21 and a 200-day moving average price of $303.61.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.44 earnings per share. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 17.72 earnings per share 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. Shareholders of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -352.00%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on WTW shares. Barclays raised their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Truist Financial restated a “buy” rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Evercore ISI upgraded 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 report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $342.08.

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.