Hudson Bay Capital Management LP Cuts Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Hudson Bay Capital Management LP decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 60.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 20,005 shares of the company's stock after selling 29,995 shares during the period. Hudson Bay Capital Management LP's holdings in Willis Towers Watson Public were worth $6,266,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. GeoWealth Management LLC increased its holdings in shares of 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 last quarter. Y.D. More Investments Ltd grew its holdings in shares of Willis Towers Watson Public by 121.1% during the 4th 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 4th quarter worth $49,000. Golden State Wealth Management LLC acquired a new position in Willis Towers Watson Public during the fourth quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willis Towers Watson Public during the 4th quarter worth approximately $76,000. Institutional investors own 93.09% of the company's stock.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the company'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 transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This represents a 4.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.32% of the stock is owned by company insiders.

Willis Towers Watson Public Price Performance

Shares of WTW traded up $1.92 during trading hours on Friday, reaching $311.93. 534,701 shares of the company's stock traded hands, compared to its average volume of 581,367. Willis Towers Watson Public Limited has a 12 month low of $248.09 and a 12 month high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The stock has a market cap of $30.93 billion, a PE ratio of -311.93, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. The firm's 50 day simple moving average is $319.41 and its 200-day simple moving average is $318.87.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the firm earned $3.13 EPS. The company's revenue for the quarter was down 5.0% on a year-over-year basis. Equities analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have commented on WTW shares. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Barclays upped their price objective on 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. Jefferies Financial Group lowered their target price on 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. Finally, Keefe, Bruyette & Woods dropped their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $351.55.

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.