UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 91,973 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 936,390 shares of the company's stock after purchasing an additional 91,973 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.93% of Willis Towers Watson Public worth $293,315,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Willis Towers Watson Public during the 4th quarter valued at $484,210,000. FMR LLC boosted its position in Willis Towers Watson Public by 52.4% during the fourth quarter. FMR LLC now owns 3,682,939 shares of the company's stock valued at $1,153,644,000 after buying an additional 1,266,484 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in Willis Towers Watson Public by 77.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock valued at $873,483,000 after buying an additional 1,217,714 shares during the period. Wellington Management Group LLP grew its stake in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after buying an additional 973,843 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Willis Towers Watson Public by 6,286.4% in the fourth quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock worth $270,284,000 after buying an additional 849,358 shares during the period. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

WTW opened at $310.83 on Thursday. 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 stock has a market capitalization of $30.82 billion, a PE ratio of -310.83, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. The stock's 50 day moving average price is $318.57 and its 200-day moving average price is $319.30. Willis Towers Watson Public Limited has a 52-week low of $248.09 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results 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 the consensus estimate 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 business's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the firm earned $3.13 EPS. On average, equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's payout ratio is -736.00%.

Analysts Set New Price Targets

WTW has been the subject of several analyst reports. Barclays increased their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a report on Friday, April 11th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. 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 on the stock in a report on Monday, April 28th. Finally, Jefferies Financial Group decreased their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average price target of $351.55.

Insider Activity at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction that occurred on 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 transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.32% of the stock is owned by corporate insiders.

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.

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