Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 45.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,546 shares of the company's stock after purchasing an additional 2,961 shares during the quarter. Mizuho Securities USA LLC's holdings in Willis Towers Watson Public were worth $2,990,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Y.D. More Investments Ltd increased its holdings in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after buying an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Willis Towers Watson Public in the fourth quarter valued at $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 purchasing 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 4th quarter worth $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $76,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW traded up $0.66 during trading hours on Wednesday, reaching $338.59. The stock had a trading volume of 317,051 shares, compared to its average volume of 502,627. The firm has a 50-day moving average of $327.63 and a 200-day moving average of $312.84. The firm has a market cap of $33.76 billion, a price-to-earnings ratio of -338.59, a PEG ratio of 2.95 and a beta of 0.71. 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 Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14.

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Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced 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 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 analyst estimates of $3.05 billion. During the same period last year, the firm posted $7.44 earnings per share. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. Equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business 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 dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio is -368.00%.

Wall Street Analysts Forecast Growth

WTW has been the subject of several research analyst reports. Wells Fargo & Company lowered 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. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted 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 raised their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Truist Financial reissued a "buy" rating and set a $380.00 target price (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, two have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $346.15.

Insider Buying and Selling

In related 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 transaction of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company's stock, valued at $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.22% of the company's stock.

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.