Willis Towers Watson Public Limited Company $WTW Shares Sold by Syntax Research Inc.

Syntax Research Inc. lowered its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 67.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,299 shares of the company’s stock after selling 4,689 shares during the quarter. Syntax Research Inc.’s holdings in Willis Towers Watson Public were worth $794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in WTW. Alpine Bank Wealth Management purchased a new position in Willis Towers Watson Public in the 3rd quarter valued at about $25,000. SOA Wealth Advisors LLC. increased its position in Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth $34,000. Motco increased its stake in Willis Towers Watson Public by 1,933.3% during the third quarter. Motco now owns 122 shares of the company’s stock worth $42,000 after acquiring an additional 116 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $39,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $317.47 on Monday. Willis Towers Watson Public Limited Company has a one year low of $292.97 and a one year high of $352.79. The firm has a market capitalization of $30.40 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of 1.52 and a beta of 0.62. The stock’s fifty day moving average is $325.72 and its 200-day moving average is $327.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.69 and a current ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 30th. The company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a net margin of 21.58% and a return on equity of 21.46%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the prior year, the business posted $2.93 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. Equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 17.52%.

Wall Street Analysts Forecast Growth

WTW has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. TD Cowen decreased their price target on Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Evercore ISI lowered their target price on shares of Willis Towers Watson Public from $387.00 to $383.00 and set an “outperform” rating for the company in a research note on Wednesday, January 7th. Finally, Wells Fargo & Company increased their target price on shares of Willis Towers Watson Public from $356.00 to $366.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.08.

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.