ARQ Wealth Advisors LLC Grows Position in Willis Towers Watson Public Limited Company $WTW

ARQ Wealth Advisors LLC lifted its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTWFree Report) by 891.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,552 shares of the company’s stock after buying an additional 12,185 shares during the period. ARQ Wealth Advisors LLC’s holdings in Willis Towers Watson Public were worth $3,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Cedar Mountain Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter worth $27,000. Hsbc Holdings PLC grew its holdings in shares of Willis Towers Watson Public by 86.7% in the first quarter. Hsbc Holdings PLC now owns 190,955 shares of the company’s stock valued at $55,470,000 after purchasing an additional 88,659 shares during the period. First Horizon Corp raised its stake in Willis Towers Watson Public by 2.3% during the first quarter. First Horizon Corp now owns 2,287 shares of the company’s stock worth $665,000 after purchasing an additional 52 shares during the period. Seelaus Asset Management LLC purchased a new position in Willis Towers Watson Public during the first quarter worth about $250,000. Finally, R Squared Ltd acquired a new position in Willis Towers Watson Public in the 1st quarter valued at about $344,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Willis Towers Watson Public

In related news, insider Lucy Clarke acquired 1,896 shares of Willis Towers Watson Public stock in a transaction dated Wednesday, May 6th. The stock was acquired at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the transaction, the insider owned 22,717 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Morgan Stanley reduced their price target on shares of Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Piper Sandler decreased their price objective on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Keefe, Bruyette & Woods increased their price objective 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. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $319.00 to $341.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Wednesday, May 6th. Two equities research 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, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $349.53.

Read Our Latest Stock Report on Willis Towers Watson Public

Willis Towers Watson Public Stock Up 0.2%

NASDAQ WTW traded up $0.52 during trading on Friday, reaching $289.65. 385,203 shares of the company’s stock were exchanged, compared to its average volume of 620,348. The company has a 50 day moving average price of $261.49 and a two-hundred day moving average price of $290.19. The stock has a market cap of $27.36 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 0.93 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 1 year low of $240.61 and a 1 year high of $352.79. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.07. The business had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.13 EPS. 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 Announces Dividend

The business 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 dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.39%.

Willis Towers Watson Public News Summary

Here are the key news stories impacting Willis Towers Watson Public this week:

About Willis Towers Watson Public

(Free Report)

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.

Further Reading

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

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