Simplicity Solutions LLC Raises Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Simplicity Solutions LLC boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,371 shares of the company’s stock after acquiring an additional 173 shares during the quarter. Simplicity Solutions LLC’s holdings in Willis Towers Watson Public were worth $572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Resurgent Financial Advisors LLC purchased a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $27,000. Exchange Traded Concepts LLC purchased a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $29,000. Loomis Sayles & Co. L P purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth approximately $28,000. Covington Capital Management purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth approximately $32,000. Finally, Money Concepts Capital Corp purchased a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on WTW shares. Truist Financial increased their price objective on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. TD Cowen initiated coverage on Willis Towers Watson Public in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 target price for the company. Stifel Nicolaus increased their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Roth Mkm increased their target price on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Finally, Citigroup raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their target price for the stock from $236.00 to $315.00 in a research report on Monday, February 12th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $290.54.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Up 0.8 %

WTW stock opened at $259.27 on Thursday. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.48. The firm has a market cap of $26.51 billion, a PE ratio of 25.88, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. The business has a 50 day moving average of $271.68 and a 200 day moving average of $248.81.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.91 billion. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $6.33 EPS. On average, research analysts forecast that Willis Towers Watson Public Limited will post 16.2 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a $0.88 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.13%.

About Willis Towers Watson Public

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.