Washington Capital Management Inc. Raises Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Washington Capital Management Inc. boosted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTWFree Report) by 24.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,300 shares of the company’s stock after acquiring an additional 450 shares during the period. Washington Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $555,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Schechter Investment Advisors LLC bought a new stake in Willis Towers Watson Public during the 3rd quarter valued at about $502,000. Deutsche Bank AG increased its stake in Willis Towers Watson Public by 7.7% during the 3rd quarter. Deutsche Bank AG now owns 259,505 shares of the company’s stock valued at $54,226,000 after purchasing an additional 18,657 shares in the last quarter. SG Americas Securities LLC increased its stake in Willis Towers Watson Public by 1,736.9% during the 4th quarter. SG Americas Securities LLC now owns 56,465 shares of the company’s stock valued at $13,619,000 after purchasing an additional 53,391 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Willis Towers Watson Public by 1.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company’s stock valued at $2,078,484,000 after purchasing an additional 98,719 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of Willis Towers Watson Public by 2.7% in the fourth quarter. Nordea Investment Management AB now owns 7,771 shares of the company’s stock worth $1,872,000 after acquiring an additional 203 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is owned by company insiders.

Willis Towers Watson Public Price Performance

WTW stock opened at $275.00 on Friday. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $278.86. The company’s fifty day moving average price is $268.49 and its 200-day moving average price is $243.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market capitalization of $28.18 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.56 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping the consensus estimate of $7.05 by $0.39. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the previous year, the firm earned $6.33 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.29 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be given a dividend of $0.88 per share. The ex-dividend date is Wednesday, March 27th. This represents a $3.52 annualized dividend and a yield of 1.28%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.13%.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price target on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. TD Cowen initiated coverage on shares of Willis Towers Watson Public in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price target for the company. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and lifted their price target for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Finally, Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average target price of $288.54.

Check Out Our Latest Stock Analysis on WTW

Willis Towers Watson Public Profile

(Free Report)

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.

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

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