Tidal Investments LLC lifted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 249.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,901 shares of the company's stock after acquiring an additional 25,619 shares during the quarter. Tidal Investments LLC's holdings in Willis Towers Watson Public were worth $11,246,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of the stock. GeoWealth Management LLC grew 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 purchasing an additional 56 shares in the last quarter. Y.D. More Investments Ltd grew its stake in shares of 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 worth $39,000 after purchasing an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public during the fourth quarter worth $49,000. Golden State Wealth Management LLC acquired a new position in shares of Willis Towers Watson Public during the fourth quarter worth $72,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Willis Towers Watson Public by 36.7% during the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company's stock worth $102,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on WTW shares. Keefe, Bruyette & Woods lowered 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. Jefferies Financial Group lowered 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 upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Barclays upped 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 analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $356.30.
View Our Latest Report on WTW
Insider Activity
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 74,417 shares of the company's stock, valued at $24,986,996.09. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.32% of the company's stock.
Willis Towers Watson Public Stock Performance
Shares of NASDAQ:WTW traded up $0.95 on Friday, reaching $309.02. The company's stock had a trading volume of 372,316 shares, compared to its average volume of 585,610. The stock's 50-day moving average is $317.65 and its two-hundred day moving average is $319.36. 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 current ratio of 1.98 and a quick ratio of 1.72. The stock has a market capitalization of $30.64 billion, a P/E ratio of -309.02, a PEG ratio of 2.95 and a beta of 0.73.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its 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). 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 during the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the company posted $3.13 earnings per share. Willis Towers Watson Public's quarterly revenue was down 5.0% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS 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. Stockholders of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.19%. Willis Towers Watson Public's payout ratio is -736.00%.
About Willis Towers Watson Public
(
Free Report)
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.
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