Commerzbank Aktiengesellschaft FI bought a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 750 shares of the company's stock, valued at approximately $235,000.
Other large investors also recently modified their holdings of the company. Timber Creek Capital Management LLC grew its position in shares of Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company's stock valued at $5,625,000 after purchasing an additional 1,957 shares during the period. OneDigital Investment Advisors LLC lifted its stake in Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after buying an additional 2,775 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Willis Towers Watson Public by 28.3% in the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after buying an additional 23,001 shares during the period. Atom Investors LP increased its position in shares of Willis Towers Watson Public by 64.0% during the third quarter. Atom Investors LP now owns 8,014 shares of the company's stock worth $2,360,000 after acquiring an additional 3,126 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Willis Towers Watson Public by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after acquiring an additional 37,340 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.
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 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 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.22% of the company's stock.
Willis Towers Watson Public Stock Performance
NASDAQ WTW opened at $334.50 on Thursday. The firm's fifty day moving average price is $322.10 and its two-hundred day moving average price is $308.38. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $344.14. The firm has a market capitalization of $33.35 billion, a P/E ratio of -334.50, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results 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 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%. Willis Towers Watson Public's revenue was up 4.2% on a year-over-year basis. During the same period last year, the business posted $7.44 EPS. As a group, research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.
Willis Towers Watson Public Increases Dividend
The firm also recently declared 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. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 annualized dividend and a yield of 1.10%. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.
Analyst Ratings Changes
A number of brokerages recently weighed in on WTW. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and lifted their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Jefferies Financial Group upgraded 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 note on Friday, December 20th. Finally, Truist Financial reaffirmed a "buy" rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $342.08.
Read Our Latest Report 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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