Quantinno Capital Management LP Boosts Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Quantinno Capital Management LP lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 34.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,728 shares of the company's stock after purchasing an additional 1,469 shares during the period. Quantinno Capital Management LP's holdings in Willis Towers Watson Public were worth $1,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC increased its stake in shares of Willis Towers Watson Public by 2.7% in the fourth quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock worth $1,364,000 after purchasing an additional 109 shares in the last quarter. Sunriver Management LLC grew its stake in Willis Towers Watson Public by 0.7% during the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock valued at $55,013,000 after acquiring an additional 1,223 shares in the last quarter. SG Americas Securities LLC grew its stake in Willis Towers Watson Public by 239.9% during the fourth quarter. SG Americas Securities LLC now owns 44,831 shares of the company's stock valued at $14,043,000 after acquiring an additional 31,643 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in Willis Towers Watson Public during the fourth quarter valued at $263,000. Finally, Longboard Asset Management LP purchased a new position in Willis Towers Watson Public during the fourth quarter valued at $245,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WTW has been the subject of several research analyst reports. Barclays raised their target price 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. Jefferies Financial Group cut their target price 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. UBS Group raised shares of 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 research note on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods cut 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 research note on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $356.30.

Willis Towers Watson Public Price Performance

WTW stock traded up $0.95 during trading on Friday, hitting $309.02. 372,316 shares of the company's stock traded hands, compared to its average volume of 585,610. Willis Towers Watson Public Limited has a 52 week low of $248.09 and a 52 week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The business has a fifty day simple moving average of $317.65 and a 200 day simple moving average of $319.35. The stock has a market capitalization of $30.64 billion, a price-to-earnings ratio of -309.02, a P/E/G ratio of 2.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released 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). Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the business earned $3.13 EPS. Willis Towers Watson Public's revenue for the quarter was down 5.0% compared to the same quarter last year. As a group, research analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.19%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the sale, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.32% of the company's stock.

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.