AGF Management Ltd. lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,478 shares of the company's stock after selling 1,886 shares during the period. AGF Management Ltd.'s holdings in Willis Towers Watson Public were worth $2,656,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Timber Creek Capital Management LLC raised its holdings in Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company's stock valued at $5,625,000 after buying an additional 1,957 shares during the period. Intech Investment Management LLC increased its position in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after acquiring an additional 23,001 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 71.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after acquiring an additional 2,775 shares during the period. Atom Investors LP lifted its holdings in shares of Willis Towers Watson Public by 64.0% in the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company's stock worth $2,360,000 after acquiring an additional 3,126 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after purchasing an additional 37,340 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.22% of the stock is currently owned by corporate insiders.
Willis Towers Watson Public Stock Up 1.1 %
NASDAQ:WTW traded up $3.72 during trading hours on Monday, hitting $328.33. The company's stock had a trading volume of 483,515 shares, compared to its average volume of 502,589. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $32.73 billion, a P/E ratio of -328.33, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The stock has a fifty day moving average of $323.94 and a 200-day moving average of $310.60.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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 business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.44 EPS. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.
Willis Towers Watson Public Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Monday, March 31st. 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%.
Analyst Upgrades and Downgrades
WTW has been the topic of a number of research reports. Barclays upped their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research note on Thursday, November 21st. Wells Fargo & Company lowered 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. Truist Financial reiterated a "buy" rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and a consensus target price of $342.08.
Check Out Our Latest Analysis on Willis Towers Watson Public
About Willis Towers Watson Public
(
Free Report)
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.
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