Czech National Bank Raises Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Czech National Bank boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 5.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,923 shares of the company's stock after purchasing an additional 1,083 shares during the period. Czech National Bank's holdings in Willis Towers Watson Public were worth $7,747,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Willis Towers Watson Public in the fourth quarter worth $484,210,000. FMR LLC grew its holdings in 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 acquiring an additional 1,266,484 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of 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 acquiring an additional 1,217,714 shares during the period. GAMMA Investing LLC raised its stake in shares of Willis Towers Watson Public by 40,489.4% during the first quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock valued at $340,461,000 after acquiring an additional 1,004,947 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock worth $309,616,000 after purchasing an additional 973,843 shares during the period. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Down 0.6%

NASDAQ WTW traded down $1.76 during trading hours on Thursday, reaching $307.67. 598,048 shares of the company's stock traded hands, compared to its average volume of 585,721. Willis Towers Watson Public Limited has a 52-week low of $252.22 and a 52-week high of $344.14. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a 50-day simple moving average of $313.87 and a 200 day simple moving average of $319.20. The firm has a market cap of $30.51 billion, a PE ratio of -307.67, a PEG ratio of 2.95 and a beta of 0.73.

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 (EPS) 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 analysts' expectations 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%. Willis Towers Watson Public's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.13 earnings per share. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business 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. This represents a $3.68 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is -736.00%.

Analyst Ratings Changes

A number of brokerages recently issued reports on WTW. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Keefe, Bruyette & Woods reduced their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Jefferies Financial Group dropped their price target 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. Finally, Barclays boosted 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 report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.