Mather Group LLC. Raises Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mather Group LLC. increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 676 shares of the company’s stock after buying an additional 68 shares during the quarter. Mather Group LLC.’s holdings in Willis Towers Watson Public were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new stake in shares of Willis Towers Watson Public during the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. Versant Capital Management Inc boosted its stake in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares in the last quarter. Farther Finance Advisors LLC grew its position in 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 purchasing an additional 43 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willis Towers Watson Public during the 4th quarter valued at approximately $76,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WTW has been the subject of several research reports. Truist Financial reiterated a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays lifted their price target 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. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $326.91 on Friday. 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 debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company’s fifty day moving average price is $317.58 and its 200 day moving average price is $301.26. The company has a market capitalization of $32.93 billion, a PE ratio of -44.91, a price-to-earnings-growth ratio of 1.79 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the company posted $7.44 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, research analysts predict that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

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.