Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Rivermont Capital Management LP

Rivermont Capital Management LP increased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,384 shares of the company's stock after acquiring an additional 12,061 shares during the quarter. Willis Towers Watson Public makes up about 10.8% of Rivermont Capital Management LP's investment portfolio, making the stock its largest position. Rivermont Capital Management LP owned approximately 0.09% of Willis Towers Watson Public worth $28,625,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. GeoWealth Management LLC boosted 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 valued at $36,000 after purchasing an additional 56 shares in the last quarter. Y.D. More Investments Ltd boosted 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 valued at $39,000 after purchasing an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Willis Towers Watson Public in the fourth quarter worth about $49,000. Golden State Wealth Management LLC acquired a new stake in Willis Towers Watson Public in the fourth quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willis Towers Watson Public in the fourth quarter worth about $76,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related 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 completion of the sale, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.32% of the company's stock.

Willis Towers Watson Public Trading Up 0.6%

NASDAQ WTW traded up $1.92 on Friday, reaching $311.93. 534,701 shares of the company were exchanged, compared to its average volume of 583,580. The business's fifty day moving average price is $319.12 and its 200 day moving average price is $319.19. The stock has a market capitalization of $30.93 billion, a P/E ratio of -311.93, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a fifty-two week low of $248.09 and a fifty-two week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released 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 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 quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the firm posted $3.13 EPS. Analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share 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. Stockholders of record on Monday, June 30th will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.18%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research reports. Barclays lifted their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a report 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. Keefe, Bruyette & Woods reduced 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 report on Monday, April 28th. Finally, Jefferies Financial Group reduced 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 report on Friday, April 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average 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.