Renaissance Technologies LLC boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 77.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 284,620 shares of the company's stock after acquiring an additional 124,100 shares during the period. Renaissance Technologies LLC owned about 0.28% of Willis Towers Watson Public worth $89,154,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Y.D. More Investments Ltd increased its holdings 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. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $49,000. Versant Capital Management Inc raised its position in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after acquiring an additional 85 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in Willis Towers Watson Public during the fourth quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Willis Towers Watson Public in the fourth quarter valued at approximately $76,000. 93.09% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Wells Fargo & Company cut their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group decreased their target price on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a research report on Friday. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and set a $387.00 target price on shares of Willis Towers Watson Public in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $346.38.
View Our Latest Stock Report on Willis Towers Watson Public
Insider Buying and Selling
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the company's stock in a transaction 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 sale, the insider now owns 74,417 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is owned by insiders.
Willis Towers Watson Public Stock Performance
WTW traded up $5.47 during trading on Monday, reaching $327.21. The company's stock had a trading volume of 163,536 shares, compared to its average volume of 559,436. The company has a market capitalization of $32.62 billion, a price-to-earnings ratio of -327.21, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68. The company's fifty day moving average price is $326.95 and its 200-day moving average price is $315.87. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. 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 (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, topping analysts' consensus estimates 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 firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the company posted $7.44 earnings per share. Willis Towers Watson Public's quarterly revenue was up 4.2% on a year-over-year basis. On average, equities analysts forecast 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. Investors of record on Monday, March 31st will be paid a $0.92 dividend. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.12%. Willis Towers Watson Public's dividend payout ratio (DPR) is -368.00%.
Willis Towers Watson Public Profile
(
Free Report)
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.
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