Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 12.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,783 shares of the company's stock after buying an additional 1,530 shares during the period. Wealthfront Advisers LLC's holdings in Willis Towers Watson Public were worth $4,317,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of WTW. MassMutual Private Wealth & Trust FSB grew its position in shares of Willis Towers Watson Public by 12.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock valued at $106,000 after buying an additional 38 shares during the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Willis Towers Watson Public by 3.1% during the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company's stock worth $418,000 after purchasing an additional 42 shares during the last quarter. UMB Bank n.a. increased its position in shares of Willis Towers Watson Public by 10.4% during the fourth quarter. UMB Bank n.a. now owns 520 shares of the company's stock worth $163,000 after purchasing an additional 49 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Willis Towers Watson Public by 4.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company's stock valued at $350,000 after purchasing an additional 50 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its stake in Willis Towers Watson Public by 2.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 1,983 shares of the company's stock worth $621,000 after buying an additional 51 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

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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 dated 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 sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.22% of the company's stock.

Willis Towers Watson Public Price Performance

Shares of WTW traded up $3.72 during mid-day trading on Monday, hitting $328.33. The company's stock had a trading volume of 483,515 shares, compared to its average volume of 560,828. The firm has a 50-day simple moving average of $323.94 and a 200 day simple moving average of $310.60. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The firm has a market capitalization of $32.73 billion, a P/E ratio of -328.33, a P/E/G ratio of 2.95 and a beta of 0.71. 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 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 for 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 business's revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $7.44 EPS. Analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently announced 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 is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.12%. Willis Towers Watson Public's dividend payout ratio (DPR) is -368.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WTW shares. Wells Fargo & Company reduced their price objective 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. Truist Financial reiterated a "buy" rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a "hold" rating to a "buy" rating and upped their price objective for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $342.08.

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.