Point72 Europe London LLP Purchases 2,303 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Point72 Europe London LLP boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 28.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,300 shares of the company's stock after acquiring an additional 2,303 shares during the quarter. Point72 Europe London LLP's holdings in Willis Towers Watson Public were worth $3,226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GeoWealth Management LLC boosted its stake in shares of 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 during the last quarter. Y.D. More Investments Ltd boosted its stake in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after buying 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 during the 4th quarter valued at approximately $49,000. Golden State Wealth Management LLC purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at approximately $76,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Up 0.6%

NASDAQ WTW traded up $1.92 during trading on Friday, reaching $311.93. 534,701 shares of the company's stock were exchanged, compared to its average volume of 583,580. Willis Towers Watson Public Limited has a fifty-two week low of $248.09 and a fifty-two week high of $344.14. The firm has a market capitalization of $30.93 billion, a PE ratio of -311.93, a P/E/G 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. The company's fifty day simple moving average is $319.12 and its 200-day simple moving average is $319.19.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the business posted $3.13 earnings per share. The company's revenue was down 5.0% compared to the same quarter last year. Sell-side analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 yield of 1.18%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares of the company's stock, valued at approximately $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 through this hyperlink. Insiders own 0.32% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WTW shares. Keefe, Bruyette & Woods reduced their price objective on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their target price for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Barclays increased 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. Finally, Jefferies Financial Group lowered their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $351.55.

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.