HighTower Advisors LLC lessened its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW – Free Report) by 46.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,212 shares of the company’s stock after selling 13,286 shares during the quarter. HighTower Advisors LLC’s holdings in Willis Towers Watson Public were worth $4,999,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in WTW. Vanguard Group Inc. grew its position in shares of Willis Towers Watson Public by 0.9% during the third quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock worth $3,928,792,000 after buying an additional 103,784 shares in the last quarter. Dodge & Cox raised its holdings in Willis Towers Watson Public by 184.1% in the third quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock valued at $1,254,740,000 after acquiring an additional 2,353,768 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Willis Towers Watson Public by 5.6% in the third quarter. Alliancebernstein L.P. now owns 1,096,882 shares of the company’s stock valued at $378,918,000 after acquiring an additional 58,607 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Willis Towers Watson Public by 3.2% in the third quarter. Dimensional Fund Advisors LP now owns 984,832 shares of the company’s stock worth $340,180,000 after acquiring an additional 30,387 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Willis Towers Watson Public by 56.8% in the second quarter. Bank of America Corp DE now owns 745,074 shares of the company’s stock worth $228,365,000 after acquiring an additional 269,794 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.
Insider Buying and Selling at Willis Towers Watson Public
In other Willis Towers Watson Public news, insider Lucy Clarke bought 1,896 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was acquired at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the purchase, the insider owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.
Analyst Ratings Changes
View Our Latest Research Report on Willis Towers Watson Public
Willis Towers Watson Public Price Performance
Shares of WTW opened at $252.01 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $352.79. The stock has a market cap of $23.80 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 1.12 and a beta of 0.45. The firm has a fifty day moving average price of $276.21 and a 200 day moving average price of $302.11.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its earnings results on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the previous year, the firm earned $3.13 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.
Willis Towers Watson Public Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.39%.
About Willis Towers Watson Public
Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.
The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.
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