American Century Companies Inc. lessened its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 744,118 shares of the company's stock after selling 97,157 shares during the period. American Century Companies Inc. owned 0.74% of Willis Towers Watson Public worth $233,088,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of WTW. Geode Capital Management LLC boosted its stake in shares of Willis Towers Watson Public by 0.8% in the 3rd 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 last quarter. FMR LLC boosted its stake 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 acquiring an additional 48,384 shares during the last quarter. Baupost Group LLC MA grew its holdings in Willis Towers Watson Public by 7.8% during the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock worth $524,619,000 after acquiring an additional 128,558 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Willis Towers Watson Public by 277.8% during the 3rd 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 acquiring an additional 620,926 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Willis Towers Watson Public by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 604,686 shares of the company's stock valued at $189,412,000 after purchasing an additional 12,162 shares during the period. Institutional investors and hedge funds own 93.09% of the company's stock.
Willis Towers Watson Public Stock Up 0.2 %
Shares of WTW stock traded up $0.66 during trading on Wednesday, reaching $338.59. The company's stock had a trading volume of 317,051 shares, compared to its average volume of 502,690. The company has a market cap of $33.76 billion, a price-to-earnings ratio of -338.59, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. The business has a fifty day moving average price of $327.63 and a 200-day moving average price of $312.84. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data 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 negative net margin of 0.99% and a positive return on equity of 20.02%. 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 prior year, the business posted $7.44 EPS. The company's quarterly revenue was up 4.2% on a year-over-year basis. 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 business also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio is currently -368.00%.
Insider Activity
In related 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 transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on WTW shares. Truist Financial reaffirmed a "buy" rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Keefe, Bruyette & Woods lifted their price objective on shares of 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. Wells Fargo & Company lowered their target price 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, Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and lifted their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. 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 company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $346.15.
Read Our Latest Stock Report on WTW
About Willis Towers Watson Public
(
Free Report)
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.
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