Greenleaf Trust Acquires New Shares in Willis Towers Watson Public Limited (NASDAQ:WTW)

Greenleaf Trust acquired a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 968 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Loomis Sayles & Co. L P acquired a new position in Willis Towers Watson Public during the 3rd quarter worth $28,000. Exchange Traded Concepts LLC acquired a new position in Willis Towers Watson Public during the 4th quarter worth $29,000. Massmutual Trust Co. FSB ADV boosted its position in Willis Towers Watson Public by 112.8% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after acquiring an additional 106 shares during the period. Allworth Financial LP boosted its position in Willis Towers Watson Public by 213.9% during the 3rd quarter. Allworth Financial LP now owns 317 shares of the company’s stock worth $66,000 after acquiring an additional 216 shares during the period. Finally, Arlington Trust Co LLC acquired a new position in Willis Towers Watson Public during the 3rd quarter worth $73,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.3 %

Shares of Willis Towers Watson Public stock opened at $264.48 on Thursday. The stock’s fifty day moving average is $270.90 and its 200-day moving average is $250.76. The firm has a market capitalization of $27.05 billion, a PE ratio of 26.40, a price-to-earnings-growth ratio of 1.50 and a beta of 0.73. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.48. Willis Towers Watson Public Limited has a 12-month low of $195.29 and a 12-month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share 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 business 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 company posted $6.33 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 7.1% compared to the same quarter last year. Equities analysts anticipate that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a dividend of $0.88 per share. 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 boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s payout ratio is currently 35.13%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of analyst reports. Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $236.00 to $315.00 in a research report on Monday, February 12th. Morgan Stanley boosted their price objective on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. Roth Mkm boosted their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Keefe, Bruyette & Woods boosted their price objective on Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Finally, Truist Financial boosted their price objective on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. 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, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average target price of $290.54.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’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 completion of the transaction, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.

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.