Siemens Fonds Invest GmbH boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 380.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,280 shares of the company's stock after purchasing an additional 4,182 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Willis Towers Watson Public were worth $1,750,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the stock. Silvercrest Asset Management Group LLC bought a new stake in Willis Towers Watson Public during the fourth quarter worth approximately $11,611,000. Royal Bank of Canada boosted its position in Willis Towers Watson Public by 3.3% during the fourth quarter. Royal Bank of Canada now owns 216,208 shares of the company's stock worth $67,726,000 after purchasing an additional 6,876 shares during the period. Rafferty Asset Management LLC boosted its position in Willis Towers Watson Public by 3.2% during the fourth quarter. Rafferty Asset Management LLC now owns 35,543 shares of the company's stock worth $11,133,000 after purchasing an additional 1,112 shares during the period. Rivermont Capital Management LP boosted its position in Willis Towers Watson Public by 15.2% during the fourth quarter. Rivermont Capital Management LP now owns 91,384 shares of the company's stock worth $28,625,000 after purchasing an additional 12,061 shares during the period. Finally, Point72 Europe London LLP boosted its position in Willis Towers Watson Public by 28.8% during the fourth quarter. Point72 Europe London LLP now owns 10,300 shares of the company's stock worth $3,226,000 after purchasing an additional 2,303 shares during the period. Institutional investors own 93.09% of the company's stock.
Willis Towers Watson Public Stock Performance
Shares of NASDAQ WTW opened at $311.93 on Friday. The business has a fifty day simple moving average of $319.12 and a 200 day simple moving average of $319.01. 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 firm has a market capitalization of $30.93 billion, a price-to-earnings ratio of -311.93, a PEG ratio of 2.95 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $248.09 and a one year high of $344.14.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its 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). The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.13 earnings per share. Sell-side analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.
Willis Towers Watson Public Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 dividend yield of 1.18%. Willis Towers Watson Public's payout ratio is -736.00%.
Insider Activity at Willis Towers Watson Public
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction 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 transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.32% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on WTW shares. 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 report on Friday, April 11th. Keefe, Bruyette & Woods reduced their price objective 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. Jefferies Financial Group reduced their price objective 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. Finally, UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $351.55.
Get Our Latest Analysis on WTW
About Willis Towers Watson Public
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report).
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