Numerai GP LLC increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 71.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,341 shares of the company’s stock after buying an additional 559 shares during the period. Numerai GP LLC’s holdings in Willis Towers Watson Public were worth $420,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. GeoWealth Management LLC lifted its holdings in shares of Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock worth $36,000 after buying an additional 56 shares in the last quarter. Y.D. More Investments Ltd raised its stake in 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 worth $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 4th quarter worth about $49,000. Golden State Wealth Management LLC bought a new stake in Willis Towers Watson Public in the 4th quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods dropped their price target on shares of 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 lowered their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, 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 report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $351.55.
Willis Towers Watson Public Trading Up 2.2%
Shares of WTW stock opened at $310.01 on Friday. Willis Towers Watson Public Limited has a fifty-two week low of $248.09 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The stock’s fifty day moving average price is $319.41 and its two-hundred day moving average price is $318.87. The company has a market cap of $30.74 billion, a PE ratio of -310.01, a P/E/G ratio of 2.95 and a beta of 0.73.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its earnings results 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). Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm posted $3.13 EPS. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. Equities analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.
Willis Towers Watson Public Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.92 dividend. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Monday, March 31st. Willis Towers Watson Public’s dividend 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 dated 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 directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.32% of the stock is currently owned by company 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.
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