Dorsey & Whitney Trust CO LLC Invests $201,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Dorsey & Whitney Trust CO LLC acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 642 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WTW. AMF Tjanstepension AB raised its holdings in Willis Towers Watson Public by 55.4% in the 4th quarter. AMF Tjanstepension AB now owns 68,535 shares of the company’s stock valued at $21,474,000 after acquiring an additional 24,420 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Willis Towers Watson Public by 0.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,512 shares of the company’s stock valued at $3,606,000 after purchasing an additional 105 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Willis Towers Watson Public during the fourth quarter worth approximately $49,000. Machina Capital S.A.S. acquired a new position in Willis Towers Watson Public during the fourth quarter worth $802,000. Finally, Callan Family Office LLC grew its holdings in Willis Towers Watson Public by 160.9% in the 4th quarter. Callan Family Office LLC now owns 3,352 shares of the company’s stock valued at $1,050,000 after buying an additional 2,067 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 1.7 %

NASDAQ:WTW opened at $326.52 on Wednesday. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14. The stock’s fifty day moving average is $323.28 and its two-hundred day moving average is $309.88. The stock has a market capitalization of $32.55 billion, a price-to-earnings ratio of -326.52, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.44 EPS. Research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.92 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.13%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -368.00%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on WTW shares. Barclays lifted their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Truist Financial reaffirmed a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $342.08.

Insider Buying and Selling

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.22% of the stock is owned by insiders.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.