Financial Engines Advisors L.L.C. decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 6.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,697 shares of the company’s stock after selling 1,014 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Willis Towers Watson Public were worth $4,917,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd lifted its position in shares of Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after buying an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $49,000. Versant Capital Management Inc boosted its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares during the period. Golden State Wealth Management LLC acquired a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Insiders Place Their Bets
In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction that occurred on 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 sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.22% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on WTW
Willis Towers Watson Public Stock Performance
Shares of NASDAQ WTW opened at $338.59 on Thursday. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. 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 business has a fifty day simple moving average of $327.63 and a 200 day simple moving average of $312.84. The firm has a market capitalization of $33.76 billion, a price-to-earnings ratio of -338.59, a PEG ratio of 2.95 and a beta of 0.71.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $7.44 EPS. Sell-side 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. Investors 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 is Monday, March 31st. This represents a $3.68 annualized dividend and a yield of 1.09%. Willis Towers Watson Public’s payout ratio is currently -368.00%.
Willis Towers Watson Public 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.
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