Mufg Securities Americas Inc. Takes Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mufg Securities Americas Inc. acquired a new position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,487 shares of the company's stock, valued at approximately $466,000.

A number of other institutional investors have also added to or reduced their stakes in WTW. GeoWealth Management LLC increased its holdings in shares of Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after acquiring an additional 56 shares in the last quarter. Y.D. More Investments Ltd increased its holdings in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after buying an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public in the 4th quarter worth about $49,000. Golden State Wealth Management LLC bought a new stake in Willis Towers Watson Public in the 4th quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public in the 4th quarter worth about $76,000. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

NASDAQ WTW traded up $1.99 during trading hours on Monday, reaching $313.92. The company's stock had a trading volume of 333,562 shares, compared to its average volume of 582,580. The firm's 50-day moving average price is $319.12 and its 200-day moving average price is $319.31. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 1 year low of $248.09 and a 1 year high of $344.14. The company has a market capitalization of $31.13 billion, a price-to-earnings ratio of -313.92, a PEG ratio of 2.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results 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 positive return on equity of 20.02% and a negative net margin of 0.99%. The business 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 firm posted $3.13 earnings per share. The firm's revenue for the quarter was down 5.0% on a year-over-year basis. On average, equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's payout ratio is -736.00%.

Wall Street Analysts Forecast Growth

WTW has been the subject of several research analyst reports. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Jefferies Financial Group cut 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 boosted their price target 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. Finally, Keefe, Bruyette & Woods cut their price target 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. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $351.55.

Insiders Place Their Bets

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business'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 of the company's stock, valued at approximately $24,986,996.09. The trade was a 4.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.32% of the company's stock.

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.