ASO GROUP Ltd Takes Position in Willis Towers Watson Public Limited Company $WTW

ASO GROUP Ltd acquired a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,469 shares of the company’s stock, valued at approximately $811,000.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after buying an additional 61 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Willis Towers Watson Public by 7.6% during the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after buying an additional 182 shares in the last quarter. Empowered Funds LLC grew its position in shares of Willis Towers Watson Public by 16.9% during the first quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after buying an additional 347 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of Willis Towers Watson Public by 12.6% during the second quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock worth $4,538,000 after buying an additional 1,659 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insider Buying and Selling

In other Willis Towers Watson Public news, insider Lucy Clarke acquired 1,896 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the acquisition, the insider directly owned 22,717 shares in the company, valued at $5,982,976.29. This trade represents 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 corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WTW. Bank of America decreased their price target on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Cantor Fitzgerald decreased their price target on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Barclays decreased their price target on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, UBS Group decreased their price target on shares of Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $350.00.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $260.79 on Friday. The company has a market cap of $24.63 billion, a PE ratio of 15.21, a P/E/G ratio of 0.85 and a beta of 0.43. The company has a fifty day moving average price of $269.98 and a two-hundred day moving average price of $297.77. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. Willis Towers Watson Public Limited Company has a 12 month low of $240.61 and a 12 month high of $352.79.

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, topping analysts’ consensus estimates of $3.65 by $0.07. The firm had revenue of $2.41 billion during the quarter, compared to the consensus estimate 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 revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.13 earnings per share. Research analysts expect that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is currently 22.39%.

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.