Andra AP fonden Acquires New Position in Willis Towers Watson Public Limited Company $WTW

Andra AP fonden acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,876 shares of the company’s stock, valued at approximately $1,127,000.

A number of other institutional investors have also recently bought and sold shares of WTW. Bartlett & CO. Wealth Management LLC lifted its stake in Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after buying an additional 60 shares during the period. Cedar Mountain Advisors LLC acquired a new position in shares of Willis Towers Watson Public during the 1st quarter worth about $27,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth about $28,000. 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 valued at $29,000 after acquiring an additional 37 shares during the last quarter. Finally, MV Capital Management Inc. acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity

In other news, insider Lucy Clarke purchased 1,896 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were bought at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the acquisition, 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.40% of the stock is owned by corporate insiders.

Willis Towers Watson Public Stock Up 0.6%

Willis Towers Watson Public stock opened at $288.37 on Friday. The stock has a market capitalization of $27.24 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 0.93 and a beta of 0.43. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78. The company has a 50 day moving average of $268.31 and a 200-day moving average of $287.27.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. The business had revenue of $2.41 billion for 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 firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the business posted $3.13 earnings per share. On average, equities research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio is 22.39%.

Analyst Ratings Changes

A number of research analysts recently issued reports on WTW shares. BMO Capital Markets upgraded shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from $347.00 to $300.00 in a report on Friday, May 1st. Wells Fargo & Company increased their target price on shares of Willis Towers Watson Public from $319.00 to $341.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $380.00 to $381.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Mizuho boosted their price target on shares of Willis Towers Watson Public from $338.00 to $361.00 and gave the company an “outperform” rating in a report on Thursday, July 9th. Finally, Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price objective for the company in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $351.80.

Willis Towers Watson Public Profile

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.