Williamson Legacy Group LLC Raises Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Williamson Legacy Group LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 45.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,463 shares of the company's stock after purchasing an additional 1,402 shares during the quarter. Willis Towers Watson Public makes up 0.9% of Williamson Legacy Group LLC's investment portfolio, making the stock its 17th biggest holding. Williamson Legacy Group LLC's holdings in Willis Towers Watson Public were worth $1,398,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in WTW. Assenagon Asset Management S.A. lifted its position in Willis Towers Watson Public by 12.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,272 shares of the company's stock worth $964,000 after acquiring an additional 364 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Willis Towers Watson Public by 23.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,920 shares of the company's stock worth $1,449,000 after purchasing an additional 920 shares during the period. abrdn plc lifted its holdings in shares of Willis Towers Watson Public by 39.2% during the third quarter. abrdn plc now owns 41,742 shares of the company's stock worth $12,248,000 after purchasing an additional 11,752 shares during the period. First Trust Direct Indexing L.P. grew its position in Willis Towers Watson Public by 3.3% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,564 shares of the company's stock valued at $755,000 after buying an additional 81 shares during the last quarter. Finally, US Bancorp DE increased its stake in Willis Towers Watson Public by 1.3% in the 3rd quarter. US Bancorp DE now owns 13,031 shares of the company's stock valued at $3,838,000 after buying an additional 173 shares during the period. Hedge funds and other institutional investors own 93.09% of the company's stock.

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Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated 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 transaction, the insider now directly owns 74,417 shares of the company's stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.22% of the stock is owned by company insiders.

Willis Towers Watson Public Trading Up 0.2 %

Shares of NASDAQ WTW traded up $0.56 during midday trading on Wednesday, reaching $334.50. 534,857 shares of the stock were exchanged, compared to its average volume of 554,233. 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 capitalization of $33.35 billion, a P/E ratio of -334.50, a P/E/G ratio of 2.95 and a beta of 0.74. The stock has a 50 day moving average price of $321.73 and a 200-day moving average price of $308.19. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly 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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the firm posted $7.44 EPS. Willis Towers Watson Public's revenue was up 4.2% on a year-over-year basis. Equities research analysts expect 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. Stockholders of record on Monday, March 31st will be issued a dividend of $0.92 per share. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public's dividend payout ratio is presently -368.00%.

Analysts Set New Price Targets

Several analysts have recently commented on WTW shares. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Wells Fargo & Company lowered 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 research note on Tuesday, January 14th. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their target price for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Keefe, Bruyette & Woods lifted 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.