TrueMark Investments LLC Makes New Investment in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

TrueMark Investments LLC purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,078 shares of the company's stock, valued at approximately $364,000.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company's stock valued at $429,000 after purchasing an additional 61 shares during the last quarter. Allworth Financial LP raised its position in shares of Willis Towers Watson Public by 22.6% in the fourth quarter. Allworth Financial LP now owns 450 shares of the company's stock valued at $144,000 after purchasing an additional 83 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Willis Towers Watson Public by 2.7% during the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock valued at $1,364,000 after buying an additional 109 shares in the last quarter. Atria Wealth Solutions Inc. bought a new position in Willis Towers Watson Public in the 4th quarter worth approximately $263,000. Finally, Global Retirement Partners LLC grew its stake in Willis Towers Watson Public by 36.4% in the 4th quarter. Global Retirement Partners LLC now owns 1,273 shares of the company's stock valued at $399,000 after buying an additional 340 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Barclays increased their target price 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. Keefe, Bruyette & Woods dropped their price objective 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. Jefferies Financial Group cut their target price on 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. Finally, UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their price target for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. 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. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $356.30.

Insider Activity at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total value of $505,200.00. Following the completion of the transaction, the chief financial officer now directly owns 11,982 shares in the company, valued at approximately $3,783,316.50. This represents a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is owned by insiders.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $299.00 on Monday. Willis Towers Watson Public Limited Company has a 12-month low of $255.19 and a 12-month high of $344.14. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. The company has a market cap of $29.65 billion, a PE ratio of -597.99, a price-to-earnings-growth ratio of 2.55 and a beta of 0.70. The stock has a 50-day moving average price of $309.29 and a 200-day moving average price of $317.59.

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

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a yield of 1.23%. Willis Towers Watson Public's dividend payout ratio (DPR) 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.