QRG Capital Management Inc. Has $2.52 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

QRG Capital Management Inc. trimmed its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 59.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,033 shares of the company's stock after selling 11,795 shares during the period. QRG Capital Management Inc.'s holdings in Willis Towers Watson Public were worth $2,516,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mizuho Securities USA LLC boosted its holdings in Willis Towers Watson Public by 95,880.2% during the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Willis Towers Watson Public by 277.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company's stock valued at $248,706,000 after buying an additional 620,926 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Willis Towers Watson Public by 47,515.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company's stock worth $147,255,000 after buying an additional 498,915 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in Willis Towers Watson Public by 33,979.6% during the 4th quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company's stock worth $143,580,000 after acquiring an additional 457,025 shares during the last quarter. Finally, Canoe Financial LP acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at about $47,883,000. 93.09% of the stock is owned by institutional investors and hedge funds.

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Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was 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 directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Stock Performance

Shares of WTW traded up $0.56 during trading hours on Wednesday, hitting $334.50. The company had a trading volume of 629,111 shares, compared to its average volume of 557,593. The firm has a market cap of $33.35 billion, a price-to-earnings ratio of -334.50, a PEG ratio of 2.95 and a beta of 0.74. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The business has a fifty day moving average of $322.10 and a 200-day moving average of $308.38. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $7.44 earnings per share. Equities analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued 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 1.10%. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.

Analyst Upgrades and Downgrades

WTW has been the topic of several research analyst reports. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Wells Fargo & Company lowered their target price on 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. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price target for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a report on Thursday, November 21st. Finally, Keefe, Bruyette & Woods upped their target price on shares of 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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.