Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 96.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,244 shares of the company’s stock after acquiring an additional 4,548 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Willis Towers Watson Public were worth $2,896,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Timber Creek Capital Management LLC boosted its holdings in shares of Willis Towers Watson Public by 11.4% during the third quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after acquiring an additional 1,957 shares during the period. Atom Investors LP boosted its stake in Willis Towers Watson Public by 64.0% during the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after purchasing an additional 3,126 shares during the period. JPMorgan Chase & Co. boosted its stake in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after purchasing an additional 37,340 shares during the period. BNP Paribas Financial Markets grew its position in Willis Towers Watson Public by 33.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company’s stock worth $54,880,000 after purchasing an additional 47,148 shares during the last quarter. Finally, DRW Securities LLC increased its stake in shares of Willis Towers Watson Public by 205.6% in the third quarter. DRW Securities LLC now owns 4,596 shares of the company’s stock valued at $1,354,000 after purchasing an additional 3,092 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $337.93 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a market capitalization of $33.69 billion, a price-to-earnings ratio of -337.93, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a 50 day simple moving average of $327.12 and a 200-day simple moving average of $312.66. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the business posted $7.44 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. Equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WTW. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Wells Fargo & Company reduced their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Finally, UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $346.15.

Insider Activity

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is owned by corporate insiders.

Willis Towers Watson Public 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.