AMF Tjanstepension AB Purchases 24,420 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

AMF Tjanstepension AB boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 55.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,535 shares of the company's stock after acquiring an additional 24,420 shares during the period. AMF Tjanstepension AB owned 0.07% of Willis Towers Watson Public worth $21,474,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the third quarter valued at about $27,000. Y.D. More Investments Ltd boosted its position in shares of 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 worth $39,000 after acquiring an additional 69 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public during the third quarter valued at $41,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $49,000. Finally, Versant Capital Management Inc lifted its stake in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after purchasing an additional 85 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of several research reports. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and lifted their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research note on Friday, January 10th. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their target price for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Barclays boosted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. Finally, Truist Financial reiterated a "buy" rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $342.08.

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Insider Buying and Selling at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the sale, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Trading Down 1.7 %

Shares of Willis Towers Watson Public stock traded down $5.42 during trading on Wednesday, hitting $321.10. The stock had a trading volume of 782,820 shares, compared to its average volume of 504,928. The stock has a market cap of $32.01 billion, a PE ratio of -321.10, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $344.14. The firm's fifty day simple moving average is $323.28 and its 200-day simple moving average is $309.88. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $7.44 earnings per share. As a group, sell-side analysts expect 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.15%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's payout ratio is presently -368.00%.

About Willis Towers Watson Public

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.