Willis Towers Watson Public Limited (NASDAQ:WTW) is Atalan Capital Partners LP's 3rd Largest Position

Atalan Capital Partners LP boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 90.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 475,000 shares of the company's stock after purchasing an additional 225,000 shares during the quarter. Willis Towers Watson Public comprises 14.8% of Atalan Capital Partners LP's holdings, making the stock its 3rd largest holding. Atalan Capital Partners LP owned 0.47% of Willis Towers Watson Public worth $148,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. GeoWealth Management LLC increased its position in Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after buying an additional 56 shares in the last quarter. Y.D. More Investments Ltd raised its position in shares of 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 valued at $39,000 after purchasing an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at approximately $49,000. Versant Capital Management Inc boosted its stake in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after purchasing an additional 85 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in Willis Towers Watson Public during the 4th quarter valued at approximately $72,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction that occurred 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 sale, the insider now directly owns 74,417 shares of the company's stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.32% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on WTW. Keefe, Bruyette & Woods lowered their price objective on shares of 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. Wells Fargo & Company dropped their price target on 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. 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 note on Friday, April 11th. Barclays upped their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. Finally, UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and a consensus target price of $351.55.

Willis Towers Watson Public Stock Performance

WTW traded down $2.78 on Monday, reaching $309.29. The stock had a trading volume of 570,298 shares, compared to its average volume of 576,394. The business's 50-day moving average price is $323.81 and its two-hundred day moving average price is $318.37. The company has a market cap of $30.67 billion, a P/E ratio of -309.29, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68. Willis Towers Watson Public Limited has a 12-month low of $248.09 and a 12-month 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.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) 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 analysts' expectations 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 for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 EPS. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.92 dividend. The ex-dividend date was Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.19%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -736.00%.

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.