Sage Mountain Advisors LLC Raises Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sage Mountain Advisors LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 26.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 905 shares of the company’s stock after purchasing an additional 189 shares during the period. Sage Mountain Advisors LLC’s holdings in Willis Towers Watson Public were worth $283,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB boosted its position in shares of Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock worth $106,000 after purchasing an additional 38 shares in the last quarter. Glenmede Trust Co. NA boosted its position in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after purchasing an additional 42 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Willis Towers Watson Public by 10.4% during the 4th quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after purchasing an additional 49 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Willis Towers Watson Public by 4.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company’s stock worth $350,000 after purchasing an additional 50 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 1.7 %

Shares of WTW stock opened at $321.10 on Thursday. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $344.14. The firm has a 50-day moving average price of $323.44 and a 200 day moving average price of $309.96. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $32.01 billion, a price-to-earnings ratio of -321.10, a PEG ratio of 2.95 and a beta of 0.71.

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

Willis Towers Watson Public Increases Dividend

The business 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 dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.15%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio is currently -368.00%.

Insider Activity

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the sale, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

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

About Willis Towers Watson Public

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.