Penserra Capital Management LLC Has $1.06 Million Holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Penserra Capital Management LLC grew its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 326.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,124 shares of the company's stock after buying an additional 2,392 shares during the period. Penserra Capital Management LLC's holdings in Willis Towers Watson Public were worth $1,055,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new stake in Willis Towers Watson Public in the first quarter worth $25,000. McIlrath & Eck LLC bought a new stake in Willis Towers Watson Public during the 4th quarter valued at $30,000. Crewe Advisors LLC bought a new stake in Willis Towers Watson Public during the 1st quarter valued at $32,000. GeoWealth Management LLC boosted its position in Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after acquiring an additional 56 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Willis Towers Watson Public in the fourth quarter worth $49,000. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Up 1.1%

Shares of WTW stock traded up $3.42 during trading hours on Wednesday, reaching $308.51. 532,241 shares of the stock traded hands, compared to its average volume of 609,669. The business has a fifty day moving average price of $306.30 and a 200 day moving average price of $316.93. The firm has a market capitalization of $30.59 billion, a PE ratio of -617.01, a PEG ratio of 2.61 and a beta of 0.68. Willis Towers Watson Public Limited Company has a 1-year low of $255.19 and a 1-year high of $344.14. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data 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 0.54% and a positive return on equity of 20.53%. The company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the firm posted $3.13 earnings per share. The business's revenue for the quarter was down 5.0% on a year-over-year basis. On average, equities research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.19%. Willis Towers Watson Public's payout ratio is -736.00%.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total value of $505,200.00. Following the completion of the sale, the chief financial officer directly owned 11,982 shares in the company, valued at $3,783,316.50. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WTW shares. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Jefferies Financial Group decreased their price target 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. Barclays lowered their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a research report on Monday. Finally, Keefe, Bruyette & Woods cut their price objective on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $355.20.

Willis Towers Watson Public 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.