Willis Towers Watson Public Limited (NASDAQ:WTW) Holdings Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,958 shares of the company’s stock after acquiring an additional 217 shares during the period. Envestnet Asset Management Inc. owned approximately 0.11% of Willis Towers Watson Public worth $33,503,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN grew its holdings in Willis Towers Watson Public by 28.9% during the fourth quarter. Wells Fargo & Company MN now owns 46,279 shares of the company’s stock worth $14,496,000 after acquiring an additional 10,367 shares during the period. Prudential PLC boosted its position in shares of Willis Towers Watson Public by 48.1% during the 4th quarter. Prudential PLC now owns 19,671 shares of the company’s stock valued at $6,162,000 after purchasing an additional 6,387 shares in the last quarter. Westpac Banking Corp grew its stake in shares of Willis Towers Watson Public by 106.9% in the 4th quarter. Westpac Banking Corp now owns 1,026 shares of the company’s stock worth $321,000 after purchasing an additional 530 shares during the last quarter. Cinctive Capital Management LP bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth approximately $3,256,000. Finally, Huntington National Bank raised its holdings in shares of Willis Towers Watson Public by 0.7% in the 4th quarter. Huntington National Bank now owns 20,430 shares of the company’s stock worth $6,399,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

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 shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the sale, the insider now owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Stock Performance

WTW stock opened at $321.74 on Friday. The stock has a market cap of $32.08 billion, a P/E ratio of -321.74, a P/E/G ratio of 2.95 and a beta of 0.68. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The firm has a 50 day simple moving average of $326.95 and a 200 day simple moving average of $315.69. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last posted 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. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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%. Willis Towers Watson Public’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business posted $7.44 earnings per share. Research analysts anticipate 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.14%. 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. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Analyst Ratings Changes

Several research analysts have issued reports on WTW shares. Wells Fargo & Company dropped their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Barclays boosted their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $387.00 price target on shares of Willis Towers Watson Public in a research report on Wednesday. Jefferies Financial Group cut their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating on the stock in a report on Friday. Finally, Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $346.38.

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.