Commonwealth Equity Services LLC Buys 4,548 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Commonwealth Equity Services LLC raised its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 96.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,244 shares of the company's stock after buying an additional 4,548 shares during the period. Commonwealth Equity Services LLC's holdings in Willis Towers Watson Public were worth $2,896,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Y.D. More Investments Ltd increased its stake in shares of Willis Towers Watson Public by 121.1% in 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 in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth about $49,000. Versant Capital Management Inc grew its position in 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 last quarter. Golden State Wealth Management LLC purchased a new position in shares of Willis Towers Watson Public during the fourth quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $76,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock traded down $3.72 on Friday, reaching $337.16. The company's stock had a trading volume of 524,420 shares, compared to its average volume of 537,546. The business's fifty day moving average price is $328.33 and its 200 day moving average price is $313.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company has a market cap of $33.61 billion, a price-to-earnings ratio of -337.16, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $344.14.

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Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the company posted $7.44 earnings per share. The company's quarterly revenue was up 4.2% compared to the same quarter last year. Equities 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.92 dividend. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -368.00%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research note on Friday, January 10th. Jefferies Financial Group raised 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 research note on Friday, December 20th. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 14th. Truist Financial reissued a "buy" rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Finally, UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted 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 given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $346.15.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the 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 completion of the sale, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.22% of the company's stock.

Willis Towers Watson Public 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.