Y Intercept Hong Kong Ltd Takes Position in Willis Towers Watson Public Limited Company $WTW

Y Intercept Hong Kong Ltd purchased a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report) in the first quarter, Holdings Channel.com reports. The firm purchased 20,913 shares of the company’s stock, valued at approximately $6,079,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Willis Towers Watson Public by 59.0% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 59,338 shares of the company’s stock worth $17,250,000 after acquiring an additional 22,010 shares during the last quarter. Elevation Point Wealth Partners LLC increased its holdings in shares of Willis Towers Watson Public by 72.1% in the first quarter. Elevation Point Wealth Partners LLC now owns 1,384 shares of the company’s stock valued at $403,000 after purchasing an additional 580 shares in the last quarter. Keybank National Association OH increased its holdings in shares of Willis Towers Watson Public by 9.0% in the first quarter. Keybank National Association OH now owns 2,473 shares of the company’s stock valued at $719,000 after purchasing an additional 205 shares in the last quarter. USS Investment Management Ltd raised its position in Willis Towers Watson Public by 9.3% in the 1st quarter. USS Investment Management Ltd now owns 17,692 shares of the company’s stock worth $5,142,000 after purchasing an additional 1,504 shares during the last quarter. Finally, IFM Investors Pty Ltd raised its position in Willis Towers Watson Public by 0.3% in the 1st quarter. IFM Investors Pty Ltd now owns 19,366 shares of the company’s stock worth $5,630,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on WTW shares. Weiss Ratings lowered Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Keefe, Bruyette & Woods dropped 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 report on Tuesday, May 12th. Barclays cut their price target on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price target on the stock in a report on Wednesday, May 6th. Finally, 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 research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $350.00.

Check Out Our Latest Analysis on Willis Towers Watson Public

Insider Activity at Willis Towers Watson Public

In related news, insider Lucy Clarke acquired 1,896 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was acquired at an average cost of $263.37 per share, with a total value of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares in the company, valued at approximately $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $286.22 on Friday. Willis Towers Watson Public Limited Company has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The firm has a market capitalization of $27.03 billion, a P/E ratio of 16.69, a P/E/G ratio of 0.92 and a beta of 0.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The company’s 50 day simple moving average is $261.42 and its 200 day simple moving average is $291.59.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released 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. The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.13 EPS. On average, analysts predict that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

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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