Barclays PLC Has $132.59 Million Position in Willis Towers Watson Public Limited Company $WTW

Barclays PLC boosted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 29.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 403,495 shares of the company’s stock after buying an additional 92,822 shares during the quarter. Barclays PLC’s holdings in Willis Towers Watson Public were worth $132,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WTW. Bartlett & CO. Wealth Management LLC lifted its holdings in Willis Towers Watson Public by 375.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock worth $25,000 after buying an additional 60 shares during the period. Fideuram Asset Management Ireland dac acquired a new position in Willis Towers Watson Public during the 4th quarter worth about $28,000. Larson Financial Group LLC lifted its holdings in Willis Towers Watson Public by 72.5% during the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after buying an additional 37 shares during the period. Raiffeisen Bank International AG acquired a new position in Willis Towers Watson Public during the 3rd quarter worth about $31,000. Finally, Elyxium Wealth LLC acquired a new position in Willis Towers Watson Public during the 4th quarter worth about $36,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Lucy Clarke purchased 1,896 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were acquired at an average cost of $263.37 per share, with a total value of $499,349.52. Following the purchase, the insider owned 22,717 shares in the company, valued at $5,982,976.29. This represents a 9.11% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Stock Down 1.8%

Shares of NASDAQ:WTW opened at $257.85 on Tuesday. The company has a market capitalization of $24.35 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 0.84 and a beta of 0.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The business’s 50-day moving average is $268.87 and its 200-day moving average is $296.94. Willis Towers Watson Public Limited Company has a 1 year low of $240.61 and a 1 year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $2.41 billion. During the same period in the previous year, the business earned $3.13 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Equities research analysts predict 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 company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.96 per share. 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 dividend payout ratio is 22.39%.

Wall Street Analyst Weigh In

WTW has been the topic of several recent research reports. Truist Financial raised Willis Towers Watson Public to a “strong-buy” rating in a report on Thursday, April 30th. Keefe, Bruyette & Woods cut their target price on Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, May 12th. Citigroup raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price on the stock in a report on Wednesday, May 6th. Weiss Ratings downgraded Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. Finally, Mizuho cut their target price on Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $350.00.

Willis Towers Watson Public Company 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.