Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC raised its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 28.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,300 shares of the company’s stock after buying an additional 1,177 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in Willis Towers Watson Public were worth $1,660,000 as of its most recent filing with the SEC.

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

Insider Buying and Selling

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the company’s stock in a transaction on 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 completion of the transaction, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $321.74 on Friday. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a market capitalization of $32.08 billion, a price-to-earnings ratio of -321.74, a PEG ratio of 2.95 and a beta of 0.68. The stock has a fifty day moving average of $326.95 and a two-hundred day moving average of $315.69. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

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, topping analysts’ consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $7.44 EPS. On average, analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. This is an increase 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 dividend yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Jefferies Financial Group cut their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research report on Friday. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their price target for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Wells Fargo & Company decreased their price objective on shares of 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. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, Barclays boosted their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research note on Friday. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average price target of $346.38.

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.