DRW Securities LLC lessened its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 79.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 948 shares of the company's stock after selling 3,648 shares during the quarter. DRW Securities LLC's holdings in Willis Towers Watson Public were worth $297,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its holdings in Willis Towers Watson Public by 12.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock valued at $106,000 after buying an additional 38 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Willis Towers Watson Public by 2.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,013 shares of the company's stock valued at $631,000 after purchasing an additional 47 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Willis Towers Watson Public by 10.4% during the fourth quarter. UMB Bank n.a. now owns 520 shares of the company's stock worth $163,000 after buying an additional 49 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in Willis Towers Watson Public by 4.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company's stock worth $350,000 after buying an additional 50 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its position in Willis Towers Watson Public by 2.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 1,983 shares of the company's stock worth $621,000 after purchasing an additional 51 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Willis Towers Watson Public
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the company'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 value of $1,136,245.68. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.32% of the stock is currently owned by company insiders.
Willis Towers Watson Public Price Performance
Shares of WTW traded up $0.77 during trading hours on Wednesday, hitting $327.93. 180,462 shares of the company were exchanged, compared to its average volume of 560,895. 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 Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a market cap of $32.69 billion, a price-to-earnings ratio of -327.93, a P/E/G ratio of 2.95 and a beta of 0.68. The firm's fifty day moving average is $327.11 and its 200 day moving average is $316.19.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) 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 firm's revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.44 earnings per share. On average, equities analysts anticipate 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is -368.00%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on WTW shares. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $387.00 price objective on shares of Willis Towers Watson Public in a research note on Wednesday, April 9th. Wells Fargo & Company dropped their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Barclays raised their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. One 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. Based on data from MarketBeat.com, Willis Towers Watson Public has an average rating of "Moderate Buy" and an average price target of $346.38.
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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