Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 19.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249 shares of the company’s stock after purchasing an additional 41 shares during the period. Parkside Financial Bank & Trust’s holdings in Willis Towers Watson Public were worth $60,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Loomis Sayles & Co. L P acquired a new stake in shares of Willis Towers Watson Public in the third quarter worth approximately $28,000. Exchange Traded Concepts LLC purchased a new position in Willis Towers Watson Public in the fourth quarter valued at approximately $29,000. Massmutual Trust Co. FSB ADV raised its holdings in Willis Towers Watson Public by 112.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after buying an additional 106 shares during the period. DT Investment Partners LLC raised its holdings in Willis Towers Watson Public by 281.5% in the fourth quarter. DT Investment Partners LLC now owns 248 shares of the company’s stock valued at $61,000 after buying an additional 183 shares during the period. Finally, Allworth Financial LP raised its holdings in Willis Towers Watson Public by 213.9% in the third quarter. Allworth Financial LP now owns 317 shares of the company’s stock valued at $66,000 after buying an additional 216 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Stock Down 2.3 %

WTW stock opened at $250.95 on Friday. The company has a market capitalization of $25.66 billion, a P/E ratio of 25.17, a PEG ratio of 1.46 and a beta of 0.73. The firm has a 50 day simple moving average of $269.96 and a 200-day simple moving average of $251.10. The company has a current ratio of 1.89, a quick ratio of 1.45 and a debt-to-equity ratio of 0.55. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.84 earnings per share. On average, equities research analysts predict that Willis Towers Watson Public Limited will post 16.25 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend was Wednesday, March 27th. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Piper Sandler raised their price target on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a report on Friday. Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $236.00 to $315.00 in a research note on Monday, February 12th. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. TD Cowen began coverage on shares of Willis Towers Watson Public in a research note on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price objective on the stock. Finally, BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and lifted their price objective for the company from $236.00 to $298.00 in a research note on Monday, February 12th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $293.43.

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.