Teamwork Financial Advisors LLC Lowers Holdings in Willis Towers Watson Public Limited Company $WTW

Key Points

• Teamwork Financial Advisors LLC cut its stake in Willis Towers Watson by 81.9% in Q4, selling 28,462 shares and retaining 6,293 shares valued at about $2.07 million.
• Willis Towers Watson beat quarterly estimates with $8.12 EPS (vs. $7.93 expected) and $2.94B revenue, though revenue was down 3.3% year‑over‑year, and the company raised its quarterly dividend to $0.96 (annualized $3.84, yield 1.3%).
• Analyst sentiment is broadly positive, with an average rating of Moderate Buy and a consensus price target of $373.14.

Teamwork Financial Advisors LLC decreased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 81.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,293 shares of the company's stock after selling 28,462 shares during the period. Teamwork Financial Advisors LLC's holdings in Willis Towers Watson Public were worth $2,068,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Alpine Bank Wealth Management purchased a new position in Willis Towers Watson Public in the third quarter worth about $25,000. SOA Wealth Advisors LLC. grew its holdings 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 valued at $29,000 after buying an additional 82 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $31,000. Quent Capital LLC bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $34,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Willis Towers Watson Public in the 2nd quarter worth approximately $39,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Up 1.4%

Shares of WTW opened at $291.25 on Monday. The company's fifty day simple moving average is $306.31 and its 200-day simple moving average is $321.33. The company has a market cap of $27.54 billion, a P/E ratio of 17.78, a P/E/G ratio of 1.30 and a beta of 0.62. 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 Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.93 by $0.19. The company had revenue of $2.94 billion during the quarter, compared to analysts' expectations of $2.87 billion. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.Willis Towers Watson Public's revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.13 EPS. As a group, analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.96 dividend. 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 yield of 1.3%. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public's dividend payout ratio is presently 22.47%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WTW. Piper Sandler lowered their price objective on Willis Towers Watson Public from $365.00 to $341.00 and set an "overweight" rating on the stock in a research report on Monday, February 23rd. Barclays upgraded Willis Towers Watson Public from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $318.00 to $341.00 in a research note on Wednesday, March 11th. Mizuho lowered their price target on Willis Towers Watson Public from $392.00 to $358.00 and set an "outperform" rating on the stock in a report on Friday, February 27th. Wall Street Zen raised Willis Towers Watson Public from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Finally, Citigroup boosted their target price on Willis Towers Watson Public from $351.00 to $366.00 and gave the stock a "neutral" rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $373.14.

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.

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