Traphagen Investment Advisors LLC Invests $587,000 in Willis Towers Watson Public Limited Company $WTW

Traphagen Investment Advisors LLC bought a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,786 shares of the company’s stock, valued at approximately $587,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Willis Towers Watson Public by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock valued at $3,928,792,000 after purchasing an additional 103,784 shares in the last quarter. Dodge & Cox lifted its stake in shares of Willis Towers Watson Public by 184.1% during the third quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock worth $1,254,740,000 after purchasing an additional 2,353,768 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Willis Towers Watson Public by 5.6% in the third quarter. Alliancebernstein L.P. now owns 1,096,882 shares of the company’s stock worth $378,918,000 after buying an additional 58,607 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Willis Towers Watson Public by 3.2% in the third quarter. Dimensional Fund Advisors LP now owns 984,832 shares of the company’s stock worth $340,180,000 after buying an additional 30,387 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Willis Towers Watson Public by 56.8% in the second quarter. Bank of America Corp DE now owns 745,074 shares of the company’s stock valued at $228,365,000 after buying an additional 269,794 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $297.64 on Friday. The firm has a market cap of $28.04 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 1.30 and a beta of 0.62. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $292.23 and its two-hundred day moving average is $314.90. Willis Towers Watson Public Limited Company has a 52-week low of $273.59 and a 52-week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $8.13 earnings per share. Analysts forecast that Willis Towers Watson Public Limited Company 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 was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.96 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.84 annualized dividend and a yield of 1.3%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. Willis Towers Watson Public’s dividend payout ratio (DPR) is 23.44%.

Analyst Upgrades and Downgrades

WTW has been the topic of several recent research reports. Truist Financial boosted their price target on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald lowered their price objective on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Evercore lifted their price objective on shares of Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Citigroup boosted their target price on shares of 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. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $366.29.

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.