Achmea Investment Management B.V. Makes New Investment in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Achmea Investment Management B.V. bought a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,835 shares of the company's stock, valued at approximately $2,986,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Crewe Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the first quarter valued at about $32,000. McIlrath & Eck LLC acquired a new stake in Willis Towers Watson Public in the 4th quarter worth about $30,000. GeoWealth Management LLC increased its stake in Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after buying an additional 56 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $49,000. Finally, Park Square Financial Group LLC purchased a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $62,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on WTW. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Barclays upped their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. Keefe, Bruyette & Woods decreased 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 note on Monday, April 28th. Finally, Jefferies Financial Group dropped their price objective 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $356.30.

Willis Towers Watson Public Trading Down 1.2%

Shares of NASDAQ:WTW traded down $3.76 during mid-day trading on Wednesday, reaching $303.85. 1,112,899 shares of the company were exchanged, compared to its average volume of 603,475. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.89 and a quick ratio of 1.89. The firm's 50-day simple moving average is $306.55 and its 200 day simple moving average is $317.15. Willis Towers Watson Public Limited Company has a 1 year low of $255.19 and a 1 year high of $344.14. The firm has a market cap of $30.13 billion, a price-to-earnings ratio of -608.81, a P/E/G ratio of 2.62 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly 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 business had revenue of $2.22 billion during the quarter, compared to analysts' expectations 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%. The business's quarterly revenue was down 5.0% on a year-over-year basis. During the same period in the prior year, the business earned $3.13 EPS. Equities research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.92 dividend. The ex-dividend date 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 dividend payout ratio is currently -736.00%.

Insider Activity at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the firm's 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 sale, the chief financial officer owned 11,982 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.32% of the company's stock.

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.