Amalgamated Bank Cuts Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Amalgamated Bank trimmed its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,595 shares of the company’s stock after selling 395 shares during the period. Amalgamated Bank’s holdings in Willis Towers Watson Public were worth $6,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WTW. Fidelis Capital Partners LLC grew its position in Willis Towers Watson Public by 3.1% during the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after buying an additional 37 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in Willis Towers Watson Public by 12.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after acquiring an additional 38 shares during the last quarter. Glenmede Trust Co. NA grew its position in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after acquiring an additional 42 shares during the period. Farther Finance Advisors LLC increased its stake in shares of 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, UMB Bank n.a. raised its holdings in shares of Willis Towers Watson Public by 10.4% in the 4th quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after purchasing an additional 49 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

WTW has been the subject of several research reports. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price objective for the company from $352.00 to $382.00 in a report on Friday, December 20th. Evercore ISI upgraded 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 research note on Wednesday, January 8th. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Finally, Wells Fargo & Company cut their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Up 1.1 %

Shares of NASDAQ:WTW opened at $336.34 on Thursday. The company has a market cap of $33.88 billion, a price-to-earnings ratio of -336.34, a PEG ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $338.46. The firm has a fifty day moving average price of $319.92 and a two-hundred day moving average price of $306.33. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company earned $7.44 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is -368.00%.

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.