Jag Capital Management LLC Takes $6.80 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Jag Capital Management LLC acquired a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,713 shares of the company's stock, valued at approximately $6,801,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Willis Towers Watson Public by 23.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,920 shares of the company's stock valued at $1,449,000 after buying an additional 920 shares during the last quarter. US Bancorp DE raised its position in shares of Willis Towers Watson Public by 1.3% during the 3rd quarter. US Bancorp DE now owns 13,031 shares of the company's stock worth $3,838,000 after purchasing an additional 173 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 22.2% during 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. Robeco Institutional Asset Management B.V. raised its holdings in shares of Willis Towers Watson Public by 10.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 109,103 shares of the company's stock valued at $32,134,000 after buying an additional 9,970 shares during the last quarter. Finally, Intact Investment Management Inc. boosted its position in Willis Towers Watson Public by 8.6% during the 3rd quarter. Intact Investment Management Inc. now owns 3,150 shares of the company's stock worth $928,000 after acquiring an additional 250 shares during the period. Institutional investors own 93.09% of the company's stock.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the 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 transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.22% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on WTW. Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group raised Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Truist Financial reissued a "buy" rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Barclays lifted their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research note on Thursday, November 21st. Finally, Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and a consensus price target of $342.08.

Willis Towers Watson Public Stock Down 0.5 %

Shares of WTW traded down $1.77 during mid-day trading on Thursday, reaching $332.73. The company's stock had a trading volume of 118,767 shares, compared to its average volume of 549,014. 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 Limited has a 1 year low of $245.04 and a 1 year high of $344.14. The business has a fifty day moving average of $322.10 and a 200 day moving average of $308.38. The company has a market cap of $33.17 billion, a price-to-earnings ratio of -332.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results 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. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the business posted $7.44 earnings per share. Willis Towers Watson Public's revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, analysts forecast 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.11%. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public's payout ratio is currently -368.00%.

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.