Callan Family Office LLC Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Callan Family Office LLC increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 160.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,352 shares of the company's stock after purchasing an additional 2,067 shares during the quarter. Callan Family Office LLC's holdings in Willis Towers Watson Public were worth $1,050,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after acquiring an additional 43 shares during the period. Concurrent Investment Advisors LLC raised its stake in Willis Towers Watson Public by 13.6% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 1,067 shares of the company's stock valued at $314,000 after purchasing an additional 128 shares during the last quarter. Graypoint LLC raised its stake in Willis Towers Watson Public by 9.6% in the 3rd quarter. Graypoint LLC now owns 899 shares of the company's stock valued at $265,000 after purchasing an additional 79 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Willis Towers Watson Public by 6.9% in the 3rd quarter. Principal Financial Group Inc. now owns 128,273 shares of the company's stock worth $37,780,000 after buying an additional 8,228 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public in the third quarter valued at approximately $27,000. Institutional investors and hedge funds own 93.09% of the company's stock.

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Analyst Upgrades and Downgrades

WTW has been the subject of a number of research analyst reports. Truist Financial reissued a "buy" rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their price objective for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their target price 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. Finally, 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $342.08.

Willis Towers Watson Public Trading Down 1.7 %

Willis Towers Watson Public stock traded down $5.42 during mid-day trading on Wednesday, hitting $321.10. 647,691 shares of the company's stock were exchanged, compared to its average volume of 504,927. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $32.01 billion, a P/E ratio of -321.10, a PEG ratio of 2.95 and a beta of 0.71. The company's 50 day simple moving average is $323.28 and its 200-day simple moving average is $309.88. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $3.05 billion. During the same period last year, the business earned $7.44 EPS. The business's quarterly revenue was up 4.2% on a year-over-year basis. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current 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 issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.15%. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.

Insider Activity

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 transaction of $1,136,245.68. Following the completion of the sale, 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 document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.22% of the company's stock.

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.