GTS Securities LLC Acquires 830 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

GTS Securities LLC increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 74.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,951 shares of the company's stock after purchasing an additional 830 shares during the period. GTS Securities LLC's holdings in Willis Towers Watson Public were worth $611,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. McIlrath & Eck LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $30,000. GeoWealth Management LLC increased its position in 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 buying an additional 56 shares during the last quarter. Y.D. More Investments Ltd increased its position 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 worth $39,000 after buying an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $49,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $72,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

Shares of WTW traded up $4.27 during trading hours on Thursday, reaching $315.28. The stock had a trading volume of 412,363 shares, compared to its average volume of 585,971. Willis Towers Watson Public Limited has a 12 month low of $248.09 and a 12 month high of $344.14. The stock has a market capitalization of $31.26 billion, a PE ratio of -315.28, a PEG ratio of 2.95 and a beta of 0.73. 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 company's 50-day moving average is $316.26 and its two-hundred day moving average is $319.23.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data 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). 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 business's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.13 earnings per share. Research analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.92 per share. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.17%. Willis Towers Watson Public's payout ratio is currently -736.00%.

Wall Street Analyst Weigh In

WTW has been the topic of several research reports. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and upped their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. 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. Keefe, Bruyette & Woods cut their target price on 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. Finally, Barclays upped their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and a consensus target price of $356.30.

Insiders Place Their Bets

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.32% of the company's stock.

About Willis Towers Watson Public

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.