Alberta Investment Management Corp Buys 15,400 Shares of Willis Towers Watson Public Limited Company $WTW

Alberta Investment Management Corp boosted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 12.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,400 shares of the company’s stock after buying an additional 15,400 shares during the period. Alberta Investment Management Corp’s holdings in Willis Towers Watson Public were worth $46,135,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of WTW. AlTi Global Inc. raised its holdings in Willis Towers Watson Public by 1.1% in the fourth quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock worth $1,088,000 after purchasing an additional 36 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after acquiring an additional 37 shares in the last quarter. 44 Wealth Management LLC increased its stake in shares of Willis Towers Watson Public by 1.3% in the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock worth $966,000 after acquiring an additional 39 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares during the period. Finally, Howard Capital Management Inc. lifted its position in Willis Towers Watson Public by 5.7% during the 4th quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock valued at $244,000 after acquiring an additional 40 shares during the period. 93.09% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Lucy Clarke purchased 1,896 shares of Willis Towers Watson Public stock in a transaction dated Wednesday, May 6th. The stock was purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at $5,982,976.29. The trade was a 9.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $255.20 on Friday. The business’s fifty day simple moving average is $267.07 and its two-hundred day simple moving average is $295.61. 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 Limited Company has a 12 month low of $240.61 and a 12 month high of $352.79. The company has a market cap of $24.10 billion, a price-to-earnings ratio of 14.88, a P/E/G ratio of 0.83 and a beta of 0.43.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating the consensus estimate of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period last year, the firm posted $3.13 earnings per share. Willis Towers Watson Public’s revenue was up 8.5% compared to the same quarter last year. Research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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 issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.39%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WTW shares. Morgan Stanley lowered their target price on shares of 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. Wells Fargo & Company cut their price target on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Truist Financial raised Willis Towers Watson Public to a “strong-buy” rating in a research report on Thursday, April 30th. Mizuho lowered their price objective on Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating for the company in a research note on Tuesday, May 5th. Finally, Weiss Ratings downgraded Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $350.00.

About Willis Towers Watson Public

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.