Magnetar Financial LLC Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Magnetar Financial LLC decreased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 25.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,849 shares of the company's stock after selling 2,299 shares during the period. Magnetar Financial LLC's holdings in Willis Towers Watson Public were worth $2,145,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WTW. Y.D. More Investments Ltd lifted its stake in 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 valued at $39,000 after purchasing an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public during the fourth quarter worth $49,000. Versant Capital Management Inc lifted its stake in shares of 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 acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public during the 4th quarter worth $76,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Insider Transactions at Willis Towers Watson Public

In other 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 $24,986,996.09. This 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 this hyperlink. Company insiders own 0.22% of the company's stock.

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Willis Towers Watson Public Stock Up 0.2 %

Shares of NASDAQ WTW traded up $0.71 during trading on Tuesday, hitting $337.93. 534,373 shares of the company traded hands, compared to its average volume of 503,318. 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 business's fifty day moving average is $326.63 and its 200 day moving average is $312.33. The firm has a market capitalization of $33.69 billion, a price-to-earnings ratio of -337.93, a P/E/G ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14.

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 (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% compared to the same quarter last year. During the same quarter last year, the firm posted $7.44 EPS. Equities research analysts predict 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 business also recently disclosed 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 a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public's payout ratio is currently -368.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. One equities 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, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.