Natixis Advisors LLC Increases Stake in Willis Towers Watson Public Limited Company $WTW

Natixis Advisors LLC increased its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 7.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 179,771 shares of the company’s stock after buying an additional 12,575 shares during the period. Natixis Advisors LLC owned about 0.19% of Willis Towers Watson Public worth $62,102,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Alpine Bank Wealth Management acquired a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $25,000. SOA Wealth Advisors LLC. grew its stake in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in Willis Towers Watson Public in the third quarter valued at $31,000. Quent Capital LLC acquired a new stake in Willis Towers Watson Public in the third quarter valued at $34,000. Finally, Motco raised its stake in Willis Towers Watson Public by 1,933.3% in the third quarter. Motco now owns 122 shares of the company’s stock valued at $42,000 after buying an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $302.94 on Monday. The stock has a market cap of $28.64 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.35 and a beta of 0.62. Willis Towers Watson Public Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79. The stock has a 50 day moving average of $314.70 and a two-hundred day moving average of $324.24. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, beating analysts’ consensus estimates of $7.93 by $0.19. The business had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $8.13 EPS. On average, research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public’s payout ratio is currently 22.47%.

Wall Street Analyst Weigh In

WTW has been the topic of a number of recent analyst reports. Truist Financial increased their price objective on Willis Towers Watson Public from $380.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Cantor Fitzgerald cut their price objective on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Weiss Ratings restated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. TD Cowen dropped their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Finally, Wall Street Zen upgraded shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $371.50.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.