Commerzbank Aktiengesellschaft FI Makes New $235,000 Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Commerzbank Aktiengesellschaft FI bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 750 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors have also recently modified their holdings of the stock. Capital Performance Advisors LLP acquired a new position in Willis Towers Watson Public in the third quarter valued at about $27,000. Y.D. More Investments Ltd increased its holdings in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after buying an additional 69 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. Versant Capital Management Inc lifted its holdings in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after acquiring an additional 85 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after acquiring an additional 43 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on WTW shares. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Truist Financial reissued a “buy” rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public Trading Up 0.2 %

Shares of NASDAQ WTW opened at $334.50 on Thursday. The firm has a 50 day moving average price of $322.10 and a two-hundred day moving average price of $308.38. The stock has a market cap of $33.35 billion, a P/E ratio of -334.50, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $7.44 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.92 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Company 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.