Thompson Siegel & Walmsley LLC lessened its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 32.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 134,138 shares of the company's stock after selling 63,001 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.13% of Willis Towers Watson Public worth $42,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also modified their holdings of the business. Mizuho Securities USA LLC lifted its stake in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. Geode Capital Management LLC increased its holdings in Willis Towers Watson Public by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock valued at $772,027,000 after acquiring an additional 19,623 shares during the last quarter. FMR LLC increased its holdings in Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after acquiring an additional 48,384 shares during the last quarter. Baupost Group LLC MA increased its holdings in Willis Towers Watson Public by 7.8% in the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after acquiring an additional 128,558 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Willis Towers Watson Public by 277.8% in the 3rd 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 acquiring an additional 620,926 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
Shares of WTW opened at $321.10 on Thursday. The company has a market cap of $32.01 billion, a price-to-earnings ratio of -321.10, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $344.14. 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 company has a 50 day moving average of $323.44 and a two-hundred day moving average of $309.96.
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 for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate 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%. Willis Towers Watson Public's revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm earned $7.44 earnings per share. As a group, analysts predict 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.92 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.15%. This is a boost 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%.
Insiders Place Their Bets
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares of the company's stock, 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 filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.22% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on WTW shares. Wells Fargo & Company reduced their price target on shares of 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. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and boosted their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a report on Friday, January 10th. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Truist Financial restated a "buy" rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $342.08.
View Our Latest Stock Report on Willis Towers Watson Public
Willis Towers Watson Public Company 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Willis Towers Watson Public, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Willis Towers Watson Public wasn't on the list.
While Willis Towers Watson Public currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
