Willis Towers Watson Public Limited (NASDAQ:WTW) Stock Holdings Lifted by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,488 shares of the company's stock after buying an additional 2,630 shares during the quarter. Diamond Hill Capital Management Inc. owned about 0.08% of Willis Towers Watson Public worth $24,272,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Mizuho Securities USA LLC raised its position in Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares during the period. Geode Capital Management LLC raised its position in Willis Towers Watson Public by 0.8% in the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock valued at $772,027,000 after purchasing an additional 19,623 shares during the period. FMR LLC raised its position in Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after purchasing an additional 48,384 shares during the period. Baupost Group LLC MA raised its position in Willis Towers Watson Public by 7.8% in the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after purchasing an additional 128,558 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Willis Towers Watson Public by 277.8% in the third 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 purchasing an additional 620,926 shares during the period. 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 that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the sale, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price objective for the company from $357.00 to $373.00 in a research report 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 research note on Thursday, November 21st. Wells Fargo & Company lowered their target price 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. Raymond James upgraded Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial restated a "buy" rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and a consensus target price of $346.15.

Willis Towers Watson Public Stock Performance

WTW stock traded up $6.64 during midday trading on Tuesday, reaching $334.97. The company had a trading volume of 648,183 shares, compared to its average volume of 502,675. 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 stock has a 50 day moving average price of $324.38 and a 200 day moving average price of $310.86. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The firm has a market capitalization of $33.39 billion, a PE ratio of -334.97, a P/E/G ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to analysts' expectations 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 business's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.44 earnings per share. Analysts anticipate 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 declared 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 represents a $3.68 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's payout ratio is -368.00%.

Willis Towers Watson Public Company 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.