Sone Capital Management LLC Invests $21.03 Million in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sone Capital Management LLC purchased a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 67,135 shares of the company's stock, valued at approximately $21,029,000. Willis Towers Watson Public accounts for 2.7% of Sone Capital Management LLC's portfolio, making the stock its 3rd largest holding. Sone Capital Management LLC owned 0.07% of Willis Towers Watson Public as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in WTW. GeoWealth Management LLC lifted its stake 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 purchasing an additional 56 shares during the last quarter. Y.D. More Investments Ltd lifted its stake in Willis Towers Watson Public by 121.1% during the fourth 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 last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Willis Towers Watson Public during the fourth quarter valued at approximately $49,000. Golden State Wealth Management LLC acquired a new stake in Willis Towers Watson Public during the fourth quarter valued at approximately $72,000. Finally, Farther Finance Advisors LLC lifted its stake in Willis Towers Watson Public by 36.7% during the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company's stock valued at $102,000 after purchasing an additional 87 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WTW. Barclays increased 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 increased 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 price target on shares of 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. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and an average target price of $351.55.

Willis Towers Watson Public Stock Down 0.6%

Willis Towers Watson Public stock traded down $1.91 during trading hours on Wednesday, hitting $310.83. The company had a trading volume of 548,376 shares, compared to its average volume of 583,479. The firm has a market capitalization of $30.82 billion, a P/E ratio of -310.83, 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. The firm's fifty day moving average is $318.57 and its 200-day moving average is $319.30. Willis Towers Watson Public Limited has a fifty-two week low of $248.09 and a fifty-two week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.27 by ($0.14). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates 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 firm's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 EPS. On average, 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 annualized dividend and a yield of 1.18%. Willis Towers Watson Public's dividend payout ratio is presently -736.00%.

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.