Sequoia Financial Advisors LLC Increases Stock Holdings in Willis Towers Watson Public Limited Company $WTW

Sequoia Financial Advisors LLC increased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 122.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,650 shares of the company’s stock after purchasing an additional 2,011 shares during the period. Sequoia Financial Advisors LLC’s holdings in Willis Towers Watson Public were worth $1,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in WTW. Geneos Wealth Management Inc. boosted its holdings in Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in Willis Towers Watson Public by 5.7% in the fourth quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock valued at $244,000 after acquiring an additional 40 shares during the last quarter. Avantra Family Wealth Inc. boosted its holdings in Willis Towers Watson Public by 2.9% in the fourth quarter. Avantra Family Wealth Inc. now owns 1,484 shares of the company’s stock valued at $488,000 after acquiring an additional 42 shares during the last quarter. Resonant Capital Advisors LLC boosted its holdings in Willis Towers Watson Public by 5.3% in the third quarter. Resonant Capital Advisors LLC now owns 982 shares of the company’s stock valued at $340,000 after acquiring an additional 49 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in Willis Towers Watson Public by 3.3% in the third quarter. Park Avenue Securities LLC now owns 1,631 shares of the company’s stock valued at $564,000 after acquiring an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on WTW. Piper Sandler reduced their price objective on Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Cantor Fitzgerald reduced their price objective on Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Barclays reduced their price objective on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price objective on the stock in a research note on Wednesday, May 6th. Finally, BMO Capital Markets upgraded Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and reduced their price objective for the stock from $347.00 to $300.00 in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $351.73.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $251.44 on Wednesday. The stock has a fifty day moving average price of $286.37 and a two-hundred day moving average price of $307.91. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92. The firm has a market cap of $23.75 billion, a P/E ratio of 14.66, a PEG ratio of 1.10 and a beta of 0.45. Willis Towers Watson Public Limited Company has a 1 year low of $246.60 and a 1 year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.07. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same period last year, the company posted $3.13 EPS. Research analysts forecast that Willis Towers Watson Public Limited Company will post 19.5 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.96 dividend. The ex-dividend date was Tuesday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio is presently 22.39%.

Insider Transactions at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. The trade was a 9.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is owned by corporate insiders.

About Willis Towers Watson Public

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.