Dynamic Advisor Solutions LLC Acquires 4,657 Shares of Willis Towers Watson Public Limited Company $WTW

Dynamic Advisor Solutions LLC boosted its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 226.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,713 shares of the company’s stock after buying an additional 4,657 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Willis Towers Watson Public were worth $2,206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dodge & Cox boosted its holdings in shares of Willis Towers Watson Public by 184.1% during the 3rd quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock valued at $1,254,740,000 after acquiring an additional 2,353,768 shares during the last quarter. Norges Bank purchased a new position in shares of Willis Towers Watson Public during the second quarter valued at approximately $458,662,000. Alliancebernstein L.P. lifted its position in Willis Towers Watson Public by 80.2% during the second quarter. Alliancebernstein L.P. now owns 1,038,275 shares of the company’s stock valued at $318,231,000 after purchasing an additional 462,249 shares during the period. Bank of America Corp DE lifted its position in Willis Towers Watson Public by 56.8% during the second quarter. Bank of America Corp DE now owns 745,074 shares of the company’s stock valued at $228,365,000 after purchasing an additional 269,794 shares during the period. Finally, Tidal Investments LLC boosted its holdings in Willis Towers Watson Public by 546.4% in the third quarter. Tidal Investments LLC now owns 255,679 shares of the company’s stock worth $88,324,000 after purchasing an additional 216,124 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 0.0%

Shares of WTW stock opened at $293.36 on Wednesday. Willis Towers Watson Public Limited Company has a 12 month low of $275.60 and a 12 month high of $352.79. The stock has a market cap of $27.74 billion, a P/E ratio of 17.91, a P/E/G ratio of 1.31 and a beta of 0.62. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. The company has a 50 day simple moving average of $304.91 and a two-hundred day simple moving average of $320.82.

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, topping the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same period last year, the firm earned $8.13 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. On average, research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts have commented on WTW shares. Mizuho cut their target price on shares of Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. UBS Group raised their price target on Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Piper Sandler cut their price objective on Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Truist Financial upped their price objective on Willis Towers Watson Public from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $373.14.

Willis Towers Watson Public Company 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.