Willis Towers Watson Public Limited Company $WTW Stock Holdings Decreased by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 73.9% during the fourth quarter, Holdings Channel reports. The fund owned 911 shares of the company’s stock after selling 2,581 shares during the quarter. Confluence Investment Management LLC’s holdings in Willis Towers Watson Public were worth $299,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in WTW. Alpine Bank Wealth Management acquired a new position in Willis Towers Watson Public in the 3rd quarter worth approximately $25,000. SOA Wealth Advisors LLC. raised its stake in Willis Towers Watson Public by 8,200.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after purchasing an additional 82 shares during the period. Raiffeisen Bank International AG purchased a new stake in shares of Willis Towers Watson Public in the third quarter valued at $31,000. Quent Capital LLC purchased a new stake in shares of Willis Towers Watson Public in the third quarter valued at $34,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Willis Towers Watson Public in the second quarter worth $39,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

WTW stock opened at $291.25 on Friday. The firm has a 50 day moving average of $306.31 and a two-hundred day moving average of $321.38. Willis Towers Watson Public Limited Company has a 12 month low of $275.60 and a 12 month high of $352.79. The company has a market capitalization of $27.54 billion, a price-to-earnings ratio of 17.78, a P/E/G ratio of 1.30 and a beta of 0.62. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.19. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. Willis Towers Watson Public’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $8.13 EPS. As a group, equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.96 dividend. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Willis Towers Watson Public’s payout ratio is presently 22.47%.

Wall Street Analyst Weigh In

WTW has been the topic of a number of research analyst reports. Citigroup lifted their price target on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Wells Fargo & Company upped their target price on Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Finally, Cantor Fitzgerald reduced their price target on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $373.14.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.