Brooklyn FI LLC Makes New Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brooklyn FI LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,664 shares of the company's stock, valued at approximately $510,000.

Several other hedge funds have also recently modified their holdings of the stock. Y.D. More Investments Ltd grew its position in Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after purchasing an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at $49,000. Versant Capital Management Inc increased its position in shares of Willis Towers Watson Public by 95.5% in 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 period. Golden State Wealth Management LLC purchased a new position in Willis Towers Watson Public in the 4th quarter worth $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Willis Towers Watson Public in the 4th quarter worth $76,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WTW shares. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price objective on shares of 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. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their price objective for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and boosted their target price for the company from $352.00 to $382.00 in a research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and an average target price of $346.15.

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Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock traded up $4.51 on Monday, reaching $337.22. The company's stock had a trading volume of 597,796 shares, compared to its average volume of 504,426. The stock has a 50-day moving average price of $326.11 and a 200-day moving average price of $312.03. 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 market capitalization of $33.62 billion, a P/E ratio of -337.22, a PEG ratio of 2.95 and a beta of 0.71. 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 - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts' consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analysts' expectations 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 revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $7.44 earnings per share. Analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 dividend yield of 1.09%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio is presently -368.00%.

Insider Activity

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.22% of the company's stock.

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.