Intech Investment Management LLC Boosts Stake in Willis Towers Watson Public Limited Company $WTW

Intech Investment Management LLC increased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report) by 22.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 20,005 shares of the company’s stock after purchasing an additional 3,703 shares during the period. Intech Investment Management LLC’s holdings in Willis Towers Watson Public were worth $6,574,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WTW. Brighton Jones LLC raised its stake in Willis Towers Watson Public by 4.7% during the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after acquiring an additional 61 shares during the last quarter. NewEdge Advisors LLC raised its stake in Willis Towers Watson Public by 7.6% during the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock valued at $875,000 after acquiring an additional 182 shares during the last quarter. Empowered Funds LLC raised its stake in Willis Towers Watson Public by 16.9% during the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after acquiring an additional 347 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Willis Towers Watson Public by 12.6% during the 2nd quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock valued at $4,538,000 after acquiring an additional 1,659 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the company. Citigroup raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price objective for the company in a research note on Wednesday, May 6th. Keefe, Bruyette & Woods cut their target price on Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Truist Financial raised Willis Towers Watson Public to a “strong-buy” rating in a research note on Thursday, April 30th. Wells Fargo & Company cut their target price on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $351.73.

Check Out Our Latest Analysis on WTW

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $249.67 on Friday. The company has a market cap of $23.58 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 0.80 and a beta of 0.45. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78. The stock has a 50 day simple moving average of $275.46 and a 200-day simple moving average of $301.74. Willis Towers Watson Public Limited Company has a 12-month low of $240.61 and a 12-month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.13 EPS. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.96 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio is currently 22.39%.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were acquired at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the acquisition, the insider directly owned 22,717 shares in the company, valued at approximately $5,982,976.29. The trade was a 9.11% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Profile

(Free Report)

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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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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