Fidelis Capital Partners LLC Boosts Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Fidelis Capital Partners LLC raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,098 shares of the company’s stock after purchasing an additional 111 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Willis Towers Watson Public were worth $265,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in WTW. Resurgent Financial Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $27,000. Loomis Sayles & Co. L P purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth about $28,000. Exchange Traded Concepts LLC purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $29,000. Covington Capital Management purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth about $32,000. Finally, Money Concepts Capital Corp purchased a new position in Willis Towers Watson Public in the 4th quarter valued at about $37,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of research reports. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price target for the company from $236.00 to $315.00 in a research note on Monday, February 12th. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Morgan Stanley raised their price target on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 7th. Truist Financial raised their price target on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, TD Cowen initiated coverage on shares of Willis Towers Watson Public in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $290.54.

Willis Towers Watson Public Trading Up 0.6 %

WTW opened at $264.52 on Friday. The stock has a market capitalization of $27.05 billion, a PE ratio of 26.40, a P/E/G ratio of 1.51 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $278.86. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. The business’s 50 day moving average price is $271.39 and its 200 day moving average price is $249.59.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating analysts’ consensus estimates of $7.05 by $0.39. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the previous year, the business earned $6.33 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.2 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio is 35.13%.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.22% of the company’s stock.

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.