Castlekeep Investment Advisors LLC Buys New Shares in Willis Towers Watson Public Limited (NASDAQ:WTW)

Castlekeep Investment Advisors LLC bought a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,722 shares of the company's stock, valued at approximately $4,612,000.

A number of other hedge funds have also modified their holdings of WTW. Assenagon Asset Management S.A. grew its position in Willis Towers Watson Public by 12.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 3,672 shares of the company's stock worth $1,150,000 after acquiring an additional 400 shares during the last quarter. UMB Bank n.a. grew its position in Willis Towers Watson Public by 10.4% during the 4th quarter. UMB Bank n.a. now owns 520 shares of the company's stock worth $163,000 after acquiring an additional 49 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock worth $106,000 after acquiring an additional 38 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Willis Towers Watson Public by 351.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 35,909 shares of the company's stock worth $11,280,000 after acquiring an additional 27,950 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Willis Towers Watson Public by 239.9% during the 4th quarter. SG Americas Securities LLC now owns 44,831 shares of the company's stock worth $14,043,000 after acquiring an additional 31,643 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Down 0.5%

WTW stock traded down $1.64 during midday trading on Wednesday, hitting $311.01. 603,808 shares of the company's stock were exchanged, compared to its average volume of 585,773. The stock's fifty day moving average price is $316.70 and its 200-day moving average price is $319.29. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company has a market cap of $30.84 billion, a PE ratio of -311.01, a price-to-earnings-growth 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 posted its earnings results 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 business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business's revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.13 earnings per share. Research analysts predict 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 declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio is -736.00%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WTW. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Keefe, Bruyette & Woods decreased 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 report on Monday, April 28th. Jefferies Financial Group decreased 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 report on Friday, April 11th. Finally, Barclays increased their price objective on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and a consensus target price of $356.30.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated 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 sale, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. This trade represents a 4.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.32% of the company's stock.

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.