LPL Financial LLC Has $8.13 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

LPL Financial LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 54.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,951 shares of the company's stock after acquiring an additional 9,150 shares during the period. LPL Financial LLC's holdings in Willis Towers Watson Public were worth $8,129,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Willis Towers Watson Public by 12.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock worth $106,000 after buying an additional 38 shares during the last quarter. UMB Bank n.a. lifted its holdings in Willis Towers Watson Public by 10.4% in the fourth quarter. UMB Bank n.a. now owns 520 shares of the company's stock worth $163,000 after acquiring an additional 49 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in Willis Towers Watson Public by 4.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company's stock worth $350,000 after acquiring an additional 50 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Willis Towers Watson Public by 2.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 1,983 shares of the company's stock valued at $621,000 after acquiring an additional 51 shares during the period. Finally, SkyView Investment Advisors LLC grew its holdings in shares of Willis Towers Watson Public by 2.2% during the third quarter. SkyView Investment Advisors LLC now owns 2,560 shares of the company's stock valued at $754,000 after purchasing an additional 54 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the company's stock in a transaction dated 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 completion of the sale, the insider now directly owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is owned by corporate insiders.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $1.83 during mid-day trading on Thursday, hitting $316.64. 694,000 shares of the stock traded hands, compared to its average volume of 560,047. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $344.14. 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's 50-day simple moving average is $326.92 and its 200-day simple moving average is $315.48. The firm has a market cap of $31.57 billion, a price-to-earnings ratio of -316.64, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping 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 firm 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 earned $7.44 earnings per share. Willis Towers Watson Public's revenue was up 4.2% compared to the same quarter last year. As a group, equities research analysts expect 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 declared 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 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 yield of 1.16%. Willis Towers Watson Public's payout ratio is -368.00%.

Analyst Ratings Changes

WTW has been the subject of a number of analyst reports. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their price objective for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $387.00 price target on shares of Willis Towers Watson Public in a report on Wednesday. Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Wells Fargo & Company reduced their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a research note on Tuesday, January 14th. Finally, UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average price target of $346.15.

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.