Aigen Investment Management LP Acquires Shares of 2,381 Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Key Points

• Aigen Investment Management LP acquired a new stake in Willis Towers Watson, purchasing 2,381 shares valued at approximately $805,000.
• Notable stake increases from institutional investors include T. Rowe Price's 77.5% rise in its holdings, now totaling over $873 million.
• Willis Towers Watson recently declared a quarterly dividend of $0.92 per share, with a dividend yield of 1.1% and a payout ratio of 252.05%.

Aigen Investment Management LP bought a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 2,381 shares of the company's stock, valued at approximately $805,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of WTW. Wayfinding Financial LLC bought a new stake in shares of Willis Towers Watson Public in the first quarter worth $25,000. Cornerstone Planning Group LLC lifted its position in shares of Willis Towers Watson Public by 750.0% in the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock worth $28,000 after purchasing an additional 75 shares in the last quarter. Crewe Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the first quarter worth $32,000. McIlrath & Eck LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $30,000. Finally, Larson Financial Group LLC lifted its position in shares of Willis Towers Watson Public by 122.9% in the first quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after purchasing an additional 59 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on WTW. Barclays dropped their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a research report on Monday, July 7th. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research note on Thursday, July 10th. Keefe, Bruyette & Woods reduced their price objective 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. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a research note on Wednesday. They set a "neutral" rating and a $355.00 price objective on the stock. Finally, Citigroup started coverage on shares of Willis Towers Watson Public in a report on Wednesday. They issued a "neutral" rating and a $351.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have 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, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus price target of $364.55.

Willis Towers Watson Public Trading Up 0.2%

Shares of NASDAQ:WTW traded up $0.50 during trading on Friday, reaching $330.50. 583,861 shares of the company traded hands, compared to its average volume of 733,766. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $32.24 billion, a price-to-earnings ratio of 226.37, a P/E/G ratio of 2.63 and a beta of 0.67. The business's fifty day moving average is $309.24 and its 200-day moving average is $316.75. Willis Towers Watson Public Limited Company has a 52-week low of $279.08 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $2.86 EPS for the quarter, beating analysts' consensus estimates of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.55 earnings per share. As a group, analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the firm's stock in a transaction on 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 transaction, the chief financial officer directly owned 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is owned by 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.