Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 143.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,406 shares of the company's stock after acquiring an additional 1,416 shares during the quarter. NewEdge Advisors LLC's holdings in Willis Towers Watson Public were worth $754,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after buying an additional 37,340 shares in the last quarter. Everence Capital Management Inc. acquired a new stake in Willis Towers Watson Public in the fourth quarter valued at approximately $993,000. Sanctuary Advisors LLC boosted its position in shares of Willis Towers Watson Public by 2.7% in the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock worth $1,364,000 after purchasing an additional 109 shares in the last quarter. Sunriver Management LLC grew its stake in shares of Willis Towers Watson Public by 0.7% during the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock worth $55,013,000 after acquiring an additional 1,223 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new position in Willis Towers Watson Public during the 3rd quarter valued at approximately $39,999,000. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

WTW stock traded up $5.29 during midday trading on Friday, reaching $311.65. The stock had a trading volume of 121,990 shares, compared to its average volume of 573,302. Willis Towers Watson Public Limited has a 52-week low of $248.09 and a 52-week 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 company's fifty day simple moving average is $324.76 and its 200 day simple moving average is $317.72. The company has a market cap of $30.90 billion, a price-to-earnings ratio of -311.56, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business's revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.13 earnings per share. As a group, sell-side analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.18%. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's payout ratio is -736.00%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their price objective for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods cut their price target 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. 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. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price target for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Wells Fargo & Company dropped their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $351.55.

Insiders Place Their Bets

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the company's stock in a transaction on 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 transaction, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. This represents a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.