2,299 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd acquired a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,299 shares of the company's stock, valued at approximately $720,000.

Other hedge funds also recently made changes to their positions in the company. Y.D. More Investments Ltd lifted its stake in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after purchasing an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at $49,000. Versant Capital Management Inc lifted its position in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after acquiring an additional 85 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willis Towers Watson Public in the 4th quarter worth $76,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is owned by company insiders.

Remove Ads

Willis Towers Watson Public Stock Up 0.2 %

NASDAQ WTW traded up $0.71 on Tuesday, reaching $337.93. The stock had a trading volume of 534,373 shares, compared to its average volume of 503,318. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $344.14. The business has a 50 day moving average price of $326.63 and a 200 day moving average price of $312.33. The company has a market capitalization of $33.69 billion, a price-to-earnings ratio of -337.93, a P/E/G ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.44 EPS. On average, analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Truist Financial reaffirmed a "buy" rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Wells Fargo & Company reduced their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a research report on Tuesday, January 14th. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and lifted their price objective for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Finally, Jefferies Financial Group upgraded Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public has an average rating of "Moderate Buy" and a consensus target price of $346.15.

Willis Towers Watson Public 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.