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

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

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. McIlrath & Eck LLC bought a new position in Willis Towers Watson Public in the fourth quarter valued at $30,000. Crewe Advisors LLC bought a new position in Willis Towers Watson Public in the first quarter valued at $32,000. GeoWealth Management LLC increased its stake in 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 acquiring an additional 56 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in Willis Towers Watson Public in the fourth quarter valued at $49,000. Finally, Park Square Financial Group LLC bought a new position in Willis Towers Watson Public in the fourth quarter valued at $62,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total value 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 $3,783,316.50. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.32% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent research reports. Jefferies Financial Group reduced their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Keefe, Bruyette & Woods reduced their price objective on 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, Barclays raised their price objective on 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 investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $356.30.

Willis Towers Watson Public Trading Up 0.9%

Shares of Willis Towers Watson Public stock traded up $2.69 during trading on Friday, reaching $304.50. 1,329,652 shares of the stock were exchanged, compared to its average volume of 598,585. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58. The stock's fifty day moving average is $307.08 and its 200 day moving average is $317.19. The firm has a market cap of $30.19 billion, a price-to-earnings ratio of -608.99, a price-to-earnings-growth ratio of 2.60 and a beta of 0.70. Willis Towers Watson Public Limited Company has a 1 year low of $255.19 and a 1 year high of $344.14.

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

Willis Towers Watson Public Dividend Announcement

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

Willis Towers Watson Public Company Profile

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.