Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Acquired by Cidel Asset Management Inc.

Cidel Asset Management Inc. lifted its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 144,802 shares of the company's stock after buying an additional 7,642 shares during the period. Willis Towers Watson Public makes up about 3.2% of Cidel Asset Management Inc.'s holdings, making the stock its 4th biggest holding. Cidel Asset Management Inc. owned 0.15% of Willis Towers Watson Public worth $48,936,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Mather Group LLC. raised its holdings in Willis Towers Watson Public by 6.2% in the first quarter. Mather Group LLC. now owns 718 shares of the company's stock valued at $243,000 after buying an additional 42 shares during the period. Smallwood Wealth Investment Management LLC purchased a new position in shares of Willis Towers Watson Public in the 1st quarter valued at $60,000. Amalgamated Bank raised its stake in shares of Willis Towers Watson Public by 0.7% in the 1st quarter. Amalgamated Bank now owns 19,728 shares of the company's stock valued at $6,667,000 after acquiring an additional 133 shares during the period. Jag Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 40.0% during the 1st quarter. Jag Capital Management LLC now owns 30,397 shares of the company's stock valued at $10,273,000 after acquiring an additional 8,684 shares in the last quarter. Finally, 3Chopt Investment Partners LLC purchased a new stake in Willis Towers Watson Public during the 1st quarter worth $731,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on WTW shares. Jefferies Financial Group cut 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. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their target price for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Keefe, Bruyette & Woods decreased their price target on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, Barclays lifted their price objective on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of "Moderate Buy" and an average target price of $356.30.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction that occurred 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 sale, the chief financial officer owned 11,982 shares in the company, valued at $3,783,316.50. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.32% of the company's stock.

Willis Towers Watson Public Stock Down 1.0%

Shares of WTW traded down $3.15 during trading on Wednesday, reaching $304.46. The company's stock had a trading volume of 1,421,284 shares, compared to its average volume of 605,951. The company has a market cap of $30.19 billion, a price-to-earnings ratio of -608.91, a P/E/G ratio of 2.63 and a beta of 0.68. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58. The company has a fifty day moving average of $306.55 and a two-hundred day moving average of $317.15. Willis Towers Watson Public Limited Company has a twelve month low of $255.19 and a twelve month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The company's revenue was down 5.0% on a year-over-year basis. During the same period in the prior year, the company earned $3.13 earnings per share. On average, sell-side analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS 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. Stockholders of record on Monday, June 30th will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.21%. Willis Towers Watson Public's payout ratio is -736.00%.

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.