1,202 Shares in Willis Towers Watson Public Limited Company (NASDAQ:WTW) Acquired by Ritholtz Wealth Management

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

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Dynamic Advisor Solutions LLC increased its holdings in Willis Towers Watson Public by 1.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock worth $682,000 after acquiring an additional 35 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Willis Towers Watson Public by 15.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,011 shares of the company's stock worth $2,031,000 after acquiring an additional 815 shares during the period. Fifth Third Bancorp increased its holdings in Willis Towers Watson Public by 5.8% during the 1st quarter. Fifth Third Bancorp now owns 4,625 shares of the company's stock worth $1,563,000 after acquiring an additional 255 shares during the period. USA Financial Formulas purchased a new position in Willis Towers Watson Public in the 1st quarter worth approximately $1,140,000. Finally, CX Institutional grew its stake in Willis Towers Watson Public by 16.7% in the 1st quarter. CX Institutional now owns 928 shares of the company's stock worth $314,000 after buying an additional 133 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Wall Street Analysts Forecast Growth

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

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock opened at $297.50 on Friday. Willis Towers Watson Public Limited Company has a 52-week low of $254.88 and a 52-week high of $344.14. The stock has a market capitalization of $29.50 billion, a price-to-earnings ratio of -594.99, a price-to-earnings-growth ratio of 2.54 and a beta of 0.70. The company has a fifty day moving average of $309.75 and a 200-day moving average of $317.99. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89.

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). Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The business had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same period last year, the company posted $3.13 EPS. Willis Towers Watson Public's revenue for the quarter was down 5.0% on a year-over-year basis. Equities research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a yield of 1.24%. Willis Towers Watson Public's payout ratio is currently -736.00%.

Insider Buying and Selling 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 on Tuesday, June 3rd. The shares were 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 owns 11,982 shares of the company's stock, valued at $3,783,316.50. This represents a 11.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

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.

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