Pinnbrook Capital Management LP Makes New $3.92 Million Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Pinnbrook Capital Management LP bought a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 12,498 shares of the company's stock, valued at approximately $3,915,000.

Several other large investors also recently bought and sold shares of WTW. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public during the 3rd quarter valued at about $27,000. Y.D. More Investments Ltd boosted its position in Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after buying an additional 69 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public in the third quarter valued at approximately $41,000. Versant Capital Management Inc increased its holdings in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after buying an additional 85 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after buying an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

WTW traded up $1.22 during trading on Friday, hitting $325.95. The company's stock had a trading volume of 759,314 shares, compared to its average volume of 545,812. The firm has a market capitalization of $32.83 billion, a price-to-earnings ratio of -325.95, a P/E/G ratio of 2.96 and a beta of 0.74. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $334.99. The business's fifty day simple moving average is $318.31 and its 200 day simple moving average is $304.58. 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 (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates 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%. The firm's revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $7.44 EPS. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 17.31 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public's dividend payout ratio is presently -352.00%.

Wall Street Analyst Weigh In

Several research firms have recently commented on WTW. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a report on Friday, January 10th. Truist Financial reaffirmed 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. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Raymond James upgraded Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Wells Fargo & Company dropped their target price 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. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average target price of $342.08.

Willis Towers Watson Public Company 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.