Alliance Wealth Advisors LLC UT Invests $299,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Alliance Wealth Advisors LLC UT bought a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, Holdings Channel reports. The fund bought 955 shares of the company’s stock, valued at approximately $299,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the third quarter valued at approximately $41,000. Versant Capital Management Inc lifted its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after buying an additional 43 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 3.1 %

Shares of Willis Towers Watson Public stock opened at $320.31 on Wednesday. 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 business has a 50-day moving average price of $317.51 and a 200 day moving average price of $300.73. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $334.99. The firm has a market cap of $32.26 billion, a P/E ratio of -44.00, a P/E/G ratio of 1.79 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted 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 for the quarter, compared to analyst estimates 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 business’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $7.44 EPS. On average, sell-side analysts forecast 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of research reports. Barclays upped their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods upped their target price on 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 upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price target for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Truist Financial reiterated 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. One equities research analyst has rated the stock with a sell rating, five 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 stock 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.