Atria Wealth Solutions Inc. purchased a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 840 shares of the company's stock, valued at approximately $263,000.
Other institutional investors also recently made changes to their positions in the company. Mizuho Securities USA LLC increased its holdings in shares of Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the period. Geode Capital Management LLC increased its stake in Willis Towers Watson Public by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock valued at $772,027,000 after buying an additional 19,623 shares during the period. FMR LLC raised its position in shares of Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company's stock worth $711,718,000 after buying an additional 48,384 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock worth $589,698,000 after acquiring an additional 10,856 shares during the period. Finally, Baupost Group LLC MA boosted its holdings in shares of Willis Towers Watson Public by 7.8% in the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after acquiring an additional 128,558 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Willis Towers Watson Public
In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction 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 completion of the transaction, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.22% of the company's stock.
Willis Towers Watson Public Price Performance
Willis Towers Watson Public stock traded up $0.56 during mid-day trading on Wednesday, reaching $334.50. 629,111 shares of the company were exchanged, compared to its average volume of 557,593. The company has a fifty day simple moving average of $322.10 and a 200-day simple moving average of $308.38. The firm has a market cap of $33.35 billion, a PE ratio of -334.50, a PEG ratio of 2.95 and a beta of 0.74. 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 Limited has a 12 month low of $245.04 and a 12 month high of $344.14.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during 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 firm's revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.44 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.
Willis Towers Watson Public Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.92 per share. 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. This represents a $3.68 annualized dividend and a dividend yield of 1.10%. Willis Towers Watson Public's payout ratio is presently -368.00%.
Analysts Set New Price Targets
WTW has been the subject of a number of research reports. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Barclays upped their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a report on Thursday, November 21st. Wells Fargo & Company decreased their price objective on shares of 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. Raymond James upgraded Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Keefe, Bruyette & Woods boosted their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $342.08.
Check Out Our Latest Stock 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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