Willis Towers Watson Public Limited (NASDAQ:WTW) Holdings Decreased by Burgundy Asset Management Ltd.

Burgundy Asset Management Ltd. lessened its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 9.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 932,495 shares of the company's stock after selling 92,435 shares during the quarter. Willis Towers Watson Public comprises 3.0% of Burgundy Asset Management Ltd.'s portfolio, making the stock its 3rd biggest holding. Burgundy Asset Management Ltd. owned approximately 0.93% of Willis Towers Watson Public worth $292,095,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WTW. Norges Bank purchased a new position in Willis Towers Watson Public during the 4th quarter valued at approximately $484,210,000. FMR LLC boosted its holdings in shares of Willis Towers Watson Public by 52.4% in the 4th quarter. FMR LLC now owns 3,682,939 shares of the company's stock worth $1,153,644,000 after purchasing an additional 1,266,484 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Willis Towers Watson Public by 77.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock worth $873,483,000 after purchasing an additional 1,217,714 shares during the period. Wellington Management Group LLP raised its holdings in Willis Towers Watson Public by 6,676.1% during the 4th quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after buying an additional 973,843 shares during the period. Finally, Janus Henderson Group PLC lifted its position in Willis Towers Watson Public by 6,286.4% in the fourth quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock worth $270,284,000 after buying an additional 849,358 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Barclays lifted their price objective 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. Keefe, Bruyette & Woods lowered their target price 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. Finally, Jefferies Financial Group lowered their target price 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 issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $356.30.

Willis Towers Watson Public Stock Up 1.2%

Shares of WTW stock traded up $3.63 on Tuesday, hitting $312.65. The stock had a trading volume of 608,369 shares, compared to its average volume of 585,701. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The business has a 50 day moving average price of $317.14 and a 200 day moving average price of $319.33. The company has a market cap of $31.00 billion, a PE ratio of -312.65, a P/E/G ratio of 2.95 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $248.09 and a one year high of $344.14.

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

Willis Towers Watson Public Announces Dividend

The company also recently announced 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 of this dividend is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.18%. Willis Towers Watson Public's dividend payout ratio is presently -736.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.32% of the stock is currently owned by corporate insiders.

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.