Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 146.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,932 shares of the company’s stock after purchasing an additional 7,683 shares during the period. Oliver Luxxe Assets LLC’s holdings in Willis Towers Watson Public were worth $4,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public in the third quarter valued at approximately $41,000. Versant Capital Management Inc increased its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares during the last quarter. Farther Finance Advisors LLC increased its position in Willis Towers Watson Public by 22.2% during the third 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, Brooklyn Investment Group purchased a new position in Willis Towers Watson Public during the third quarter worth approximately $164,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on WTW shares. Barclays upped their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $326.33.

Willis Towers Watson Public Stock Down 0.7 %

Shares of NASDAQ WTW traded down $2.21 during midday trading on Monday, reaching $306.83. 381,513 shares of the company’s stock were exchanged, compared to its average volume of 402,194. The stock has a market capitalization of $30.91 billion, a PE ratio of -42.15, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. 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 business’s fifty day moving average price is $313.05 and its two-hundred day moving average price is $292.25. Willis Towers Watson Public Limited has a 52-week low of $238.37 and a 52-week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $2.24 earnings per share. Analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is presently -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.