44 Wealth Management LLC Sells 218 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

44 Wealth Management LLC reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,911 shares of the company’s stock after selling 218 shares during the quarter. 44 Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $912,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fidelis Capital Partners LLC grew its stake in Willis Towers Watson Public by 3.1% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after acquiring an additional 37 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock worth $106,000 after acquiring an additional 38 shares during the period. Glenmede Trust Co. NA raised its holdings in Willis Towers Watson Public by 3.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after buying an additional 42 shares during the period. Farther Finance Advisors LLC raised its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after buying an additional 43 shares during the period. Finally, UMB Bank n.a. increased its stake in Willis Towers Watson Public by 10.4% during the fourth quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after purchasing an additional 49 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WTW shares. Barclays boosted their price objective on 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. Wells Fargo & Company decreased their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price objective for the company from $352.00 to $382.00 in a report on Friday, December 20th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial reiterated a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $342.08.

Willis Towers Watson Public Stock Performance

WTW stock opened at $325.95 on Friday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $334.99. The company has a fifty day simple moving average of $318.31 and a 200 day simple moving average of $304.58.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data 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. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the business earned $7.44 EPS. Willis Towers Watson Public’s quarterly revenue was up 4.2% compared to the same quarter last year. As a group, research analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is -352.00%.

Willis Towers Watson Public Profile

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.