Board of the Pension Protection Fund Purchases New Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Board of the Pension Protection Fund purchased 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 SEC. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $626,000.

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

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $313.24 on Wednesday. Willis Towers Watson Public Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The business’s fifty day simple moving average is $314.88 and its two-hundred day simple moving average is $294.64. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $31.55 billion, a price-to-earnings ratio of -43.03, a P/E/G ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm posted $2.24 earnings per share. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.12%. Willis Towers Watson Public’s payout ratio is -48.35%.

Analyst Upgrades and Downgrades

WTW has been the subject of several research analyst reports. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Truist Financial reissued a “buy” rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $333.64.

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.