Los Angeles Capital Management LLC Buys Shares of 6,030 Willis Towers Watson Public Limited (NASDAQ:WTW)

Los Angeles Capital Management LLC bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,030 shares of the company's stock, valued at approximately $1,454,000.

Several other large investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new position in Willis Towers Watson Public during the fourth quarter valued at $29,000. Hexagon Capital Partners LLC lifted its stake in Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company's stock valued at $31,000 after buying an additional 81 shares in the last quarter. Loomis Sayles & Co. L P acquired a new stake in Willis Towers Watson Public in the 3rd quarter worth about $28,000. HHM Wealth Advisors LLC purchased a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $34,000. Finally, Massmutual Trust Co. FSB ADV raised its holdings in shares of Willis Towers Watson Public by 112.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company's stock valued at $48,000 after acquiring an additional 106 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on WTW. Roth Mkm upped their price objective on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Truist Financial increased their price target on Willis Towers Watson Public from $275.00 to $310.00 and gave the company a "buy" rating in a report on Wednesday, February 7th. BMO Capital Markets raised Willis Towers Watson Public from an "underperform" rating to a "market perform" rating and boosted their price objective for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Citigroup cut their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a "buy" rating for the company in a research note on Monday, April 29th. Finally, Evercore ISI boosted their price target on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an "in-line" rating in a research report on Friday, April 26th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $295.54.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the firm's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the transaction, the chief financial officer now directly owns 4,170 shares of the company's stock, valued at approximately $1,134,782.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.22% of the company's stock.

Willis Towers Watson Public Stock Down 0.7 %

Shares of WTW stock traded down $1.90 on Wednesday, reaching $252.96. 483,662 shares of the stock were exchanged, compared to its average volume of 465,211. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $25.86 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 1.45 and a beta of 0.75. The business's 50 day moving average price is $266.71 and its 200 day moving average price is $253.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping analysts' consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The company had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.37 billion. During the same quarter last year, the company earned $2.84 earnings per share. The firm's revenue for the quarter was up 4.3% on a year-over-year basis. As a group, sell-side analysts expect that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a $0.88 dividend. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.84. This represents a $3.52 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Wednesday, March 27th. Willis Towers Watson Public's dividend payout ratio is presently 35.31%.

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.