Oak Thistle LLC Makes New $3.79 Million Investment in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Oak Thistle LLC acquired a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 11,213 shares of the company's stock, valued at approximately $3,789,000. Willis Towers Watson Public comprises about 0.8% of Oak Thistle LLC's investment portfolio, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wayfinding Financial LLC purchased a new position in shares of Willis Towers Watson Public during the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its holdings in Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock valued at $28,000 after buying an additional 75 shares during the last quarter. McIlrath & Eck LLC purchased a new stake in Willis Towers Watson Public during the fourth quarter valued at approximately $30,000. Crewe Advisors LLC purchased a new stake in Willis Towers Watson Public during the first quarter valued at approximately $32,000. Finally, GeoWealth Management LLC increased its holdings in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after buying an additional 56 shares during the last quarter. Institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WTW. Keefe, Bruyette & Woods reduced their target price on shares of 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. Jefferies Financial Group reduced 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. Wells Fargo & Company reduced their price objective on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research note on Thursday, July 10th. Finally, Barclays reduced their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $367.11.

Insider Activity

In other Willis Towers Watson Public 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 transaction of $505,200.00. Following the sale, the chief financial officer owned 11,982 shares of the company's stock, valued at approximately $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.32% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Up 1.4%

Shares of Willis Towers Watson Public stock traded up $4.38 on Friday, reaching $313.11. The stock had a trading volume of 445,664 shares, compared to its average volume of 718,190. The company has a 50 day moving average price of $306.32 and a 200 day moving average price of $316.47. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a 1 year low of $271.01 and a 1 year high of $344.14. The stock has a market capitalization of $31.04 billion, a P/E ratio of -626.21, a P/E/G ratio of 2.60 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.53% and a negative net margin of 0.54%. The firm had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the firm earned $3.13 EPS. The firm's quarterly revenue was down 5.0% on a year-over-year basis. As a group, equities research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Monday, June 30th. Willis Towers Watson Public's payout ratio is currently -736.00%.

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.