Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Wedmont Private Capital

Wedmont Private Capital lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,014 shares of the company’s stock after acquiring an additional 72 shares during the period. Wedmont Private Capital’s holdings in Willis Towers Watson Public were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in WTW. Norges Bank acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter worth approximately $484,210,000. FMR LLC lifted its stake in Willis Towers Watson Public by 52.4% during the fourth quarter. FMR LLC now owns 3,682,939 shares of the company’s stock valued at $1,153,644,000 after purchasing an additional 1,266,484 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Willis Towers Watson Public by 77.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company’s stock valued at $873,483,000 after purchasing an additional 1,217,714 shares during the last quarter. GAMMA Investing LLC lifted its stake in Willis Towers Watson Public by 40,489.4% during the first quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company’s stock valued at $340,461,000 after purchasing an additional 1,004,947 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company’s stock valued at $309,616,000 after purchasing an additional 973,843 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the transaction, the chief financial officer now owns 11,982 shares in the company, valued at $3,783,316.50. This represents a 11.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on WTW. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their target price for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Jefferies Financial Group cut their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Barclays boosted their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an “underweight” rating in a report on Friday, April 11th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $356.30.

Willis Towers Watson Public Stock Down 1.4%

Willis Towers Watson Public stock opened at $296.83 on Wednesday. The firm has a market cap of $29.43 billion, a PE ratio of -296.83, a P/E/G ratio of 2.95 and a beta of 0.70. 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 firm’s 50 day moving average price is $311.27 and its two-hundred day moving average price is $319.03. Willis Towers Watson Public Limited has a twelve month low of $253.03 and a twelve month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.27 by ($0.14). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 EPS. On average, research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 annualized dividend and a yield of 1.24%. Willis Towers Watson Public’s dividend payout ratio is presently -736.00%.

Willis Towers Watson Public Company Profile

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.