3,135 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Acquired by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,135 shares of the company’s stock, valued at approximately $756,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Pekin Hardy Strauss Inc. raised its position in Willis Towers Watson Public by 24.1% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 1,751 shares of the company’s stock valued at $422,000 after purchasing an additional 340 shares in the last quarter. Intrust Bank NA increased its holdings in shares of Willis Towers Watson Public by 22.7% in the 4th quarter. Intrust Bank NA now owns 2,474 shares of the company’s stock valued at $597,000 after acquiring an additional 458 shares during the period. HHM Wealth Advisors LLC purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $34,000. Headlands Technologies LLC increased its holdings in shares of Willis Towers Watson Public by 1,020.0% in the 4th quarter. Headlands Technologies LLC now owns 5,085 shares of the company’s stock valued at $1,227,000 after acquiring an additional 4,631 shares during the period. Finally, Leeward Investments LLC MA purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $9,188,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW stock traded down $1.29 on Tuesday, hitting $251.14. The company had a trading volume of 486,924 shares, compared to its average volume of 468,948. The firm has a market cap of $25.68 billion, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 1.44 and a beta of 0.74. The company has a 50-day moving average price of $268.97 and a 200-day moving average price of $252.24. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. Willis Towers Watson Public’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.84 EPS. As a group, equities research analysts predict that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were issued a $0.88 dividend. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.40%. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of analyst reports. Morgan Stanley lifted their price target on Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a report on Wednesday, February 7th. Roth Mkm boosted their target price on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. BMO Capital Markets upgraded Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their target price for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Keefe, Bruyette & Woods boosted their target price on Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Finally, TD Cowen assumed coverage on Willis Towers Watson Public in a research note on Wednesday, January 10th. They set an “outperform” rating and a $316.00 target price on the stock. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $293.21.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.22% of the stock is currently owned by insiders.

About Willis Towers Watson Public

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.