Willis Towers Watson Public Limited (NASDAQ:WTW) Stake Boosted by Wellington Management Group LLP

Wellington Management Group LLP raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 6,676.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 988,430 shares of the company's stock after purchasing an additional 973,843 shares during the period. Wellington Management Group LLP owned 0.99% of Willis Towers Watson Public worth $309,616,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Y.D. More Investments Ltd lifted its holdings in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after purchasing an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $49,000. Versant Capital Management Inc lifted its stake in shares of Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after buying an additional 85 shares during the period. Golden State Wealth Management LLC acquired 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 stake in Willis Towers Watson Public in the 4th quarter worth approximately $76,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 1.5 %

Shares of WTW traded down $5.02 during midday trading on Thursday, reaching $332.41. 783,270 shares of the company were exchanged, compared to its average volume of 544,622. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The stock has a 50-day moving average price of $329.30 and a 200-day moving average price of $314.49. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The company has a market cap of $33.14 billion, a price-to-earnings ratio of -332.41, a P/E/G ratio of 2.95 and a beta of 0.71.

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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 positive return on equity of 20.02% and a negative net margin of 0.99%. The company's revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $7.44 earnings per share. Research analysts expect that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.92 per share. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public's dividend payout ratio is -368.00%.

Analysts Set New Price Targets

A number of research analysts have weighed in on WTW shares. Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research note on Friday, January 10th. Truist Financial reissued a "buy" rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Wells Fargo & Company decreased their target price on shares of 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. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $346.15.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the company'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 owns 74,417 shares in the company, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.22% of the company's stock.

About Willis Towers Watson Public

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.