First Fiduciary Investment Counsel Inc. Has $13.84 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

First Fiduciary Investment Counsel Inc. lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 44,187 shares of the company’s stock after selling 215 shares during the quarter. Willis Towers Watson Public accounts for 2.8% of First Fiduciary Investment Counsel Inc.’s portfolio, making the stock its 9th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Willis Towers Watson Public were worth $13,841,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WTW. Cetera Investment Advisers lifted its position in Willis Towers Watson Public by 8.5% in the second quarter. Cetera Investment Advisers now owns 7,691 shares of the company’s stock valued at $2,016,000 after purchasing an additional 600 shares during the last quarter. CWM LLC lifted its position in Willis Towers Watson Public by 26.5% in the third quarter. CWM LLC now owns 2,947 shares of the company’s stock valued at $868,000 after purchasing an additional 618 shares during the last quarter. Wedmont Private Capital bought a new stake in Willis Towers Watson Public in the third quarter valued at approximately $233,000. Exchange Traded Concepts LLC lifted its position in Willis Towers Watson Public by 10.6% in the third quarter. Exchange Traded Concepts LLC now owns 2,664 shares of the company’s stock valued at $785,000 after purchasing an additional 255 shares during the last quarter. Finally, CX Institutional bought a new stake in Willis Towers Watson Public in the third quarter valued at approximately $216,000. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

WTW has been the subject of a number of recent analyst reports. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods upped their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Wells Fargo & Company decreased their target price on 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. Finally, Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and an average target price of $338.69.

Willis Towers Watson Public Stock Down 0.2 %

Shares of WTW stock opened at $325.18 on Tuesday. The business’s fifty day moving average is $317.78 and its 200 day moving average is $302.36. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the firm earned $7.44 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. As a group, sell-side analysts predict that Willis Towers Watson Public Limited will post 17.72 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio is currently -352.00%.

Willis Towers Watson Public Company 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.