Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 146.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,932 shares of the company’s stock after acquiring an additional 7,683 shares during the period. Oliver Luxxe Assets LLC’s holdings in Willis Towers Watson Public were worth $4,051,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WTW. Timber Creek Capital Management LLC lifted its position 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 buying an additional 1,957 shares during the last quarter. OneDigital Investment Advisors LLC lifted its position in Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after acquiring an additional 2,775 shares during the last quarter. Atom Investors LP boosted its stake in Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after acquiring an additional 3,126 shares in the last quarter. Intech Investment Management LLC grew its holdings 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 worth $30,753,000 after purchasing an additional 23,001 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Willis Towers Watson Public by 33.9% during the third quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company’s stock worth $54,880,000 after purchasing an additional 47,148 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on WTW. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Truist Financial reissued a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Roth Mkm lifted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company increased their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Finally, Barclays boosted their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.33.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW traded down $2.21 on Monday, reaching $306.83. 381,513 shares of the company were exchanged, compared to its average volume of 402,194. The company has a 50-day moving average of $313.05 and a 200-day moving average of $292.25. 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 firm has a market cap of $30.91 billion, a price-to-earnings ratio of -42.15, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public Limited has a 1-year low of $238.37 and a 1-year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company posted $2.24 earnings per share. Equities analysts forecast 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 announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is -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.