D.A. Davidson & CO. Invests $458,000 in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

D.A. Davidson & CO. purchased a new position in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,356 shares of the company's stock, valued at approximately $458,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. McIlrath & Eck LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $30,000. Crewe Advisors LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter valued at about $32,000. GeoWealth Management LLC raised its holdings in shares of Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after buying an additional 56 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth approximately $60,000. Finally, Park Square Financial Group LLC bought a new stake in Willis Towers Watson Public in the fourth quarter worth $62,000. Institutional investors own 93.09% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Jefferies Financial Group lowered their price objective 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. Barclays reduced their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research report on Monday. Keefe, Bruyette & Woods decreased their target price on shares of 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. Wells Fargo & Company lowered their price objective on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research report on Thursday. Finally, UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. One analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus target price of $367.11.

Willis Towers Watson Public Trading Down 0.8%

WTW stock traded down $2.50 during midday trading on Friday, reaching $307.32. 570,747 shares of the company traded hands, compared to its average volume of 612,174. The firm has a market capitalization of $30.47 billion, a price-to-earnings ratio of -614.63, a P/E/G ratio of 2.63 and a beta of 0.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89. The business has a 50 day moving average of $306.38 and a 200-day moving average of $316.84. Willis Towers Watson Public Limited Company has a 52-week low of $261.45 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate of $3.27 by ($0.14). The business 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 0.54% and a positive return on equity of 20.53%. The business's revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company earned $3.13 EPS. As a group, sell-side analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Insider Buying and Selling

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 of the company's stock, valued at $3,783,316.50. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.32% of the company's stock.

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.