Brooklyn FI LLC Buys New Shares in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brooklyn FI LLC purchased a new position in Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,664 shares of the company’s stock, valued at approximately $510,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Y.D. More Investments Ltd grew its stake in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after buying an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in Willis Towers Watson Public in the fourth quarter worth approximately $49,000. Versant Capital Management Inc grew its stake in Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willis Towers Watson Public during the fourth quarter worth approximately $76,000. 93.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their target price for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Truist Financial restated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $346.15.

Willis Towers Watson Public Stock Down 0.1 %

WTW stock opened at $334.51 on Thursday. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The stock has a market cap of $33.35 billion, a P/E ratio of -334.51, a P/E/G ratio of 2.95 and a beta of 0.71. The stock’s fifty day simple moving average is $325.30 and its two-hundred day simple moving average is $311.32. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the firm earned $7.44 EPS. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. Analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently declared 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 is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.10%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -368.00%.

Insider Buying and Selling

In related 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 value of $1,136,245.68. Following the sale, the insider now directly 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 legal filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently 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.