D.A. Davidson & CO. Has $2.59 Million Holdings in Willis Towers Watson Public Limited Company $WTW

D.A. Davidson & CO. grew its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 213.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,502 shares of the company’s stock after buying an additional 5,110 shares during the quarter. D.A. Davidson & CO.’s holdings in Willis Towers Watson Public were worth $2,592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of WTW. Alpine Bank Wealth Management bought a new stake in Willis Towers Watson Public during the 3rd quarter worth approximately $25,000. SOA Wealth Advisors LLC. boosted its stake in Willis Towers Watson Public by 8,200.0% in 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. Motco grew its holdings in shares of Willis Towers Watson Public by 1,933.3% during the third quarter. Motco now owns 122 shares of the company’s stock worth $42,000 after purchasing an additional 116 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Willis Towers Watson Public in the second quarter valued at $39,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of 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 buying an additional 39 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

WTW has been the topic of a number of research analyst reports. Wolfe Research raised shares of Willis Towers Watson Public to a “hold” rating in a report on Monday, September 15th. TD Cowen reduced 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. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a report on Tuesday. Mizuho initiated coverage on Willis Towers Watson Public in a report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price objective on the stock. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $400.00 price objective (up from $380.00) on shares of Willis Towers Watson Public in a research report on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $369.08.

Willis Towers Watson Public Stock Performance

WTW stock opened at $333.14 on Friday. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.61. The company has a market cap of $31.90 billion, a P/E ratio of 15.86, a price-to-earnings-growth ratio of 1.59 and a beta of 0.63. The business’s fifty day moving average is $324.59 and its 200-day moving average is $324.83.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 30th. The company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company posted $2.93 earnings per share. The firm’s revenue was up .0% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public declared that its Board of Directors has authorized a share repurchase program on Thursday, September 18th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 4.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 17.52%.

Willis Towers Watson Public 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.