Clarkston Capital Partners LLC cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 510,500 shares of the company's stock after selling 12,368 shares during the period. Willis Towers Watson Public comprises about 3.1% of Clarkston Capital Partners LLC's holdings, making the stock its 12th largest position. Clarkston Capital Partners LLC owned about 0.51% of Willis Towers Watson Public worth $159,909,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in WTW. Geode Capital Management LLC increased its position 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 worth $772,027,000 after purchasing an additional 19,623 shares in the last quarter. Norges Bank acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $484,210,000. Wellington Management Group LLP lifted its stake in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after buying an additional 973,843 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Willis Towers Watson Public by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 604,686 shares of the company's stock worth $189,412,000 after acquiring an additional 12,162 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its stake in Willis Towers Watson Public by 33,979.6% in the 4th quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company's stock worth $143,580,000 after acquiring an additional 457,025 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.
Willis Towers Watson Public Trading Up 0.8 %
Shares of WTW stock traded up $2.68 during mid-day trading on Friday, reaching $319.32. The company's stock had a trading volume of 196,613 shares, compared to its average volume of 558,653. 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 $31.83 billion, a PE ratio of -320.07, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68. The company's 50 day simple moving average is $326.92 and its 200-day simple moving average is $315.48. 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 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates 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%. During the same period last year, the company posted $7.44 earnings per share. The firm's revenue was up 4.2% compared to the same quarter last year. On average, research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.
Willis Towers Watson Public Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.15%. Willis Towers Watson Public's payout ratio is -368.00%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on WTW shares. Wells Fargo & Company lowered their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a research report on Tuesday, January 14th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and upped their price objective for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $387.00 target price on shares of Willis Towers Watson Public in a research report on Wednesday. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $346.15.
Check Out Our Latest Stock Analysis on WTW
Insiders Place Their Bets
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on 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 sale, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.22% of the stock is owned by company insiders.
Willis Towers Watson Public Profile
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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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