Dimensional Fund Advisors LP boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 831,925 shares of the company's stock after purchasing an additional 101,933 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.83% of Willis Towers Watson Public worth $260,594,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Willis Towers Watson Public by 52.4% during the fourth quarter. FMR LLC now owns 3,682,939 shares of the company's stock valued at $1,153,644,000 after acquiring an additional 1,266,484 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Willis Towers Watson Public by 14.7% during the fourth quarter. Invesco Ltd. now owns 2,228,497 shares of the company's stock valued at $698,055,000 after acquiring an additional 285,497 shares in the last quarter. Baupost Group LLC MA increased its holdings in shares of Willis Towers Watson Public by 3.1% during the fourth quarter. Baupost Group LLC MA now owns 1,836,748 shares of the company's stock valued at $575,343,000 after acquiring an additional 55,542 shares in the last quarter. Norges Bank bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at $484,210,000. Finally, Wellington Management Group LLP increased its holdings in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after acquiring an additional 973,843 shares in the last quarter. Institutional investors own 93.09% of the company's stock.
Insider Buying and Selling
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the company's 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 completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.32% of the stock is owned by company insiders.
Willis Towers Watson Public Stock Performance
WTW stock traded down $4.87 during midday trading on Friday, reaching $302.19. 1,557,390 shares of the company's stock traded hands, compared to its average volume of 572,279. Willis Towers Watson Public Limited has a 52-week low of $248.09 and a 52-week high of $344.14. The stock has a market cap of $30.13 billion, a P/E ratio of -302.19, a PEG ratio of 2.95 and a beta of 0.68. 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 stock's 50-day moving average is $326.46 and its 200 day moving average is $317.71.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). The firm had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. As a group, analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.
Willis Towers Watson Public Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.92 dividend. The ex-dividend date was Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.22%. Willis Towers Watson Public's dividend payout ratio is -736.00%.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods restated an "outperform" rating and set a $387.00 price target on shares of Willis Towers Watson Public in a report on Wednesday, April 9th. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price objective for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Wells Fargo & Company reduced their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a report on Tuesday, January 14th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, Jefferies Financial Group reduced their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $350.00.
Read Our Latest Research Report on Willis Towers Watson Public
Willis Towers Watson Public Company Profile
(
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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