NEOS Investment Management LLC Has $1.70 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

NEOS Investment Management LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 29.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,429 shares of the company's stock after acquiring an additional 1,243 shares during the quarter. NEOS Investment Management LLC's holdings in Willis Towers Watson Public were worth $1,701,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WTW. Y.D. More Investments Ltd lifted its stake in shares of 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 worth $39,000 after acquiring an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public during the 4th quarter valued at $49,000. Versant Capital Management Inc boosted its stake in 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 in the last quarter. Golden State Wealth Management LLC acquired a new position in Willis Towers Watson Public during the fourth quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at about $76,000. 93.09% of the stock is currently owned by institutional investors.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The shares were 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 in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by corporate insiders.

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Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock traded down $1.52 during trading on Thursday, reaching $335.91. The company's stock had a trading volume of 167,629 shares, compared to its average volume of 541,867. The business's fifty day moving average price is $329.30 and its 200-day moving average price is $314.49. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. The firm has a market cap of $33.49 billion, a price-to-earnings ratio of -335.91, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping analysts' consensus estimates 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 analyst estimates of $3.05 billion. During the same period in the previous year, the company earned $7.44 earnings per share. The company's quarterly revenue was up 4.2% compared to the same quarter last year. As a group, equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current 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 given a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.10%. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio is currently -368.00%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on WTW shares. Keefe, Bruyette & Woods raised 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. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Truist Financial reissued a "buy" rating and issued 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. Wells Fargo & Company reduced their price objective on shares of 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. Finally, Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and lifted their target price for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned 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 an average rating of "Moderate Buy" and a consensus price target of $346.15.

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.