Willis Towers Watson Public Limited Company $WTW Position Increased by Baupost Group LLC MA

Baupost Group LLC MA lifted its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report) by 24.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,357,601 shares of the company’s stock after purchasing an additional 268,536 shares during the quarter. Willis Towers Watson Public accounts for 8.5% of Baupost Group LLC MA’s investment portfolio, making the stock its 3rd largest holding. Baupost Group LLC MA’s holdings in Willis Towers Watson Public were worth $446,108,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC increased its holdings in Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new stake in Willis Towers Watson Public in the fourth quarter valued at about $28,000. Larson Financial Group LLC increased its holdings in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in Willis Towers Watson Public in the third quarter valued at about $31,000. Finally, Elyxium Wealth LLC bought a new stake in Willis Towers Watson Public in the fourth quarter valued at about $36,000. 93.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Morgan Stanley lowered their price objective on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. 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 report on Wednesday, May 6th. Piper Sandler lowered their price objective on Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Wells Fargo & Company lowered their price objective on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Finally, Keefe, Bruyette & Woods lowered their price objective on Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating for the company in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $350.00.

Check Out Our Latest Stock Report on WTW

Insider Activity at Willis Towers Watson Public

In related news, insider Lucy Clarke bought 1,896 shares of the stock in a transaction dated Wednesday, May 6th. The stock was bought at an average cost of $263.37 per share, with a total value of $499,349.52. Following the completion of the acquisition, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Stock Up 0.7%

NASDAQ:WTW opened at $262.63 on Friday. The firm has a market capitalization of $24.81 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 0.84 and a beta of 0.43. The stock has a 50 day moving average of $269.49 and a 200-day moving average of $297.53. Willis Towers Watson Public Limited Company has a 52 week low of $240.61 and a 52 week high of $352.79. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78.

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

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 annualized dividend and a dividend yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio is 22.39%.

About Willis Towers Watson Public

(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.

See Also

Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report).

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

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