New South Capital Management Inc. Has $36.02 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

New South Capital Management Inc. decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 1.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 114,976 shares of the company's stock after selling 1,504 shares during the period. Willis Towers Watson Public makes up 1.5% of New South Capital Management Inc.'s holdings, making the stock its 26th largest position. New South Capital Management Inc. owned 0.11% of Willis Towers Watson Public worth $36,015,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its position in shares of Willis Towers Watson Public by 22.2% in the 3rd 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 Willis Towers Watson Public by 10.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 109,103 shares of the company's stock worth $32,134,000 after purchasing an additional 9,970 shares during the period. National Pension Service boosted its position in shares of Willis Towers Watson Public by 1.7% during the third quarter. National Pension Service now owns 152,530 shares of the company's stock worth $44,925,000 after purchasing an additional 2,529 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in shares of Willis Towers Watson Public by 5.7% during the third quarter. Asset Management One Co. Ltd. now owns 40,585 shares of the company's stock worth $11,954,000 after purchasing an additional 2,192 shares in the last quarter. Finally, QRG Capital Management Inc. grew its holdings in shares of Willis Towers Watson Public by 5.8% in the 3rd quarter. QRG Capital Management Inc. now owns 19,828 shares of the company's stock valued at $5,840,000 after buying an additional 1,086 shares during the period. Institutional investors and hedge funds own 93.09% of the company's stock.

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Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on WTW. Truist Financial reiterated a "buy" rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, 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 research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $342.08.

Willis Towers Watson Public Stock Up 0.1 %

Willis Towers Watson Public stock traded up $0.46 during mid-day trading on Friday, reaching $330.89. The company's stock had a trading volume of 463,839 shares, compared to its average volume of 558,931. The business's 50 day simple moving average is $322.64 and its 200 day simple moving average is $309.06. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $344.14. The company has a market capitalization of $32.99 billion, a price-to-earnings ratio of -330.89, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $3.05 billion. During the same quarter last year, the company earned $7.44 EPS. Willis Towers Watson Public's revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, research analysts anticipate 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 disclosed 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.11%. 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 currently -368.00%.

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.