37,067 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Bought by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,067 shares of the company's stock, valued at approximately $11,611,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GeoWealth Management LLC increased its stake in shares of Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after buying an additional 56 shares during the period. Y.D. More Investments Ltd boosted its position in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after purchasing an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $49,000. Golden State Wealth Management LLC purchased a new position in Willis Towers Watson Public during the 4th quarter worth $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Willis Towers Watson Public during the fourth quarter worth about $76,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Down 0.1%

WTW stock traded down $0.27 on Friday, hitting $307.80. 79,800 shares of the company were exchanged, compared to its average volume of 582,140. Willis Towers Watson Public Limited has a twelve month low of $248.09 and a twelve month high of $344.14. The business's fifty day moving average is $318.16 and its two-hundred day moving average is $319.34. The stock has a market capitalization of $30.52 billion, a price-to-earnings ratio of -307.80, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results 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 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%. The company's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.13 EPS. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.92 per share. The ex-dividend date is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.20%. Willis Towers Watson Public's payout ratio is -736.00%.

Insider Activity at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction dated Friday, February 28th. The stock was 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.32% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WTW shares. 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 on the stock in a research report on Friday, April 11th. Keefe, Bruyette & Woods lowered their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Barclays lifted their price objective on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and an average price target of $356.30.

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.