Callahan Advisors LLC Purchases 1,985 Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Callahan Advisors LLC lifted its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 13.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,729 shares of the company's stock after acquiring an additional 1,985 shares during the period. Callahan Advisors LLC's holdings in Willis Towers Watson Public were worth $5,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank acquired a new position in shares of Willis Towers Watson Public in the fourth quarter worth $484,210,000. FMR LLC boosted its holdings in Willis Towers Watson Public by 52.4% in the fourth quarter. FMR LLC now owns 3,682,939 shares of the company's stock valued at $1,153,644,000 after purchasing an additional 1,266,484 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Willis Towers Watson Public by 77.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock valued at $873,483,000 after purchasing an additional 1,217,714 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Willis Towers Watson Public by 40,489.4% in the first quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock valued at $340,461,000 after purchasing an additional 1,004,947 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Willis Towers Watson Public by 6,676.1% in the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after purchasing an additional 973,843 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Insider Activity at Willis Towers Watson Public

In related news, CFO Andrew Jay Krasner sold 1,600 shares of the business's stock in a transaction that occurred on 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 transaction, the chief financial officer owned 11,982 shares in the company, valued at $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is owned by insiders.

Analysts Set New Price Targets

WTW has been the topic of a number of research reports. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Barclays decreased their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday. Jefferies Financial Group reduced their price objective on 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. Keefe, Bruyette & Woods decreased their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Finally, Wells Fargo & Company decreased their target price on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $367.11.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock traded down $2.50 during trading on Friday, reaching $307.32. The company's stock had a trading volume of 570,747 shares, compared to its average volume of 612,174. Willis Towers Watson Public Limited Company has a one year low of $261.45 and a one year high of $344.14. The firm has a market cap of $30.47 billion, a price-to-earnings ratio of -614.63, a price-to-earnings-growth ratio of 2.64 and a beta of 0.68. The business's fifty day moving average price is $306.38 and its 200-day moving average price is $316.84. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89.

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

Willis Towers Watson Public Announces Dividend

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 dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's payout ratio is -736.00%.

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.