Ritholtz Wealth Management Takes Position in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Ritholtz Wealth Management acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,202 shares of the company's stock, valued at approximately $406,000.

Other large investors also recently modified their holdings of the company. McIlrath & Eck LLC bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $30,000. GeoWealth Management LLC raised its position in shares of Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after purchasing an additional 56 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $49,000. Park Square Financial Group LLC bought a new position in Willis Towers Watson Public during the fourth quarter worth about $62,000. Finally, Versant Capital Management Inc increased its position in Willis Towers Watson Public by 57.5% during the first quarter. Versant Capital Management Inc now owns 274 shares of the company's stock worth $93,000 after acquiring an additional 100 shares during the period. 93.09% of the stock is owned by institutional investors.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer now directly owns 11,982 shares in the company, valued at approximately $3,783,316.50. This trade represents a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.32% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group lowered their price target on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Keefe, Bruyette & Woods lowered their price target on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Barclays raised their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $356.30.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock traded up $4.69 during mid-day trading on Monday, reaching $303.69. The company had a trading volume of 410,682 shares, compared to its average volume of 593,234. The business has a fifty day simple moving average of $309.29 and a 200 day simple moving average of $317.59. The company has a market cap of $30.11 billion, a P/E ratio of -607.37, a P/E/G ratio of 2.55 and a beta of 0.70. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a fifty-two week low of $255.19 and a fifty-two week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate of $3.27 by ($0.14). The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. Willis Towers Watson Public's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.13 earnings per share. On average, equities research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public's payout ratio is -736.00%.

About Willis Towers Watson Public

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.