Brooklyn FI LLC Acquires Shares of 1,664 Willis Towers Watson Public Limited (NASDAQ:WTW)

Brooklyn FI LLC purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,664 shares of the company's stock, valued at approximately $510,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. McIlrath & Eck LLC acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at about $30,000. 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 purchasing an additional 56 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after acquiring an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $49,000. Finally, Golden State Wealth Management LLC purchased a new stake in Willis Towers Watson Public during the fourth quarter valued at about $72,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. This trade represents a 4.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.32% of the stock is currently owned by company insiders.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock traded up $4.27 during trading hours on Thursday, hitting $315.28. 412,363 shares of the company traded hands, compared to its average volume of 585,971. Willis Towers Watson Public Limited has a 1-year low of $248.09 and a 1-year high of $344.14. The firm has a market cap of $31.26 billion, a P/E ratio of -315.28, a P/E/G ratio of 2.95 and a beta of 0.73. The firm's 50-day simple moving average is $316.26 and its two-hundred day simple moving average is $319.23. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the business earned $3.13 earnings per share. The company's revenue was down 5.0% on a year-over-year basis. As a group, analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared 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 dividend yield of 1.17%. Willis Towers Watson Public's dividend payout ratio is currently -736.00%.

Analysts Set New Price Targets

A number of research analysts have weighed in on WTW shares. Jefferies Financial Group reduced 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. Barclays increased their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a report on Friday, April 11th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods reduced 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. 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $356.30.

Willis Towers Watson Public 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.