Jag Capital Management LLC Acquires 8,684 Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Jag Capital Management LLC boosted its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 40.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,397 shares of the company's stock after buying an additional 8,684 shares during the quarter. Willis Towers Watson Public makes up approximately 1.4% of Jag Capital Management LLC's investment portfolio, making the stock its 20th largest position. Jag Capital Management LLC's holdings in Willis Towers Watson Public were worth $10,273,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC lifted its position in shares of Willis Towers Watson Public by 1.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock worth $682,000 after purchasing an additional 35 shares during the period. Ritholtz Wealth Management acquired a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $406,000. Sunriver Management LLC lifted its position in shares of Willis Towers Watson Public by 0.7% in the 4th quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock worth $55,013,000 after purchasing an additional 1,223 shares during the period. Atria Wealth Solutions Inc. acquired a new position in shares of Willis Towers Watson Public in the 4th quarter worth approximately $263,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Willis Towers Watson Public by 51.5% in the 1st quarter. Farther Finance Advisors LLC now owns 491 shares of the company's stock worth $165,000 after purchasing an additional 167 shares during the period. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $304.50 on Friday. The firm has a market capitalization of $30.19 billion, a PE ratio of -608.99, a price-to-earnings-growth ratio of 2.57 and a beta of 0.70. The firm has a fifty day simple moving average of $307.08 and a two-hundred day simple moving average of $317.13. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a 12 month low of $255.19 and a 12 month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates 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 negative net margin of 0.54% and a positive return on equity of 20.53%. The business's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $3.13 EPS. Analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm 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 dividend of $0.92 per share. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of recent analyst reports. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Keefe, Bruyette & Woods lowered their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. 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. 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 investment 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's stock. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average price target of $356.30.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the transaction, the chief financial officer now directly owns 11,982 shares of the company's stock, valued at $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is currently owned by company insiders.

Willis Towers Watson Public Company 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.

Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.