Arbejdsmarkedets Tillaegspension Takes $23.72 Million Position in Willis Towers Watson Public Limited Company $WTW

Arbejdsmarkedets Tillaegspension purchased a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) in the 4th quarter, Holdings Channel reports. The firm purchased 72,183 shares of the company’s stock, valued at approximately $23,719,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in Willis Towers Watson Public by 38.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after acquiring an additional 39 shares in the last quarter. Howard Capital Management Inc. boosted its stake in Willis Towers Watson Public by 5.7% in the 4th quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock worth $244,000 after purchasing an additional 40 shares during the period. Avantra Family Wealth Inc. boosted its stake in Willis Towers Watson Public by 2.9% in the 4th quarter. Avantra Family Wealth Inc. now owns 1,484 shares of the company’s stock worth $488,000 after purchasing an additional 42 shares during the period. Resonant Capital Advisors LLC boosted its stake in Willis Towers Watson Public by 5.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 982 shares of the company’s stock worth $340,000 after purchasing an additional 49 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in Willis Towers Watson Public by 3.3% in the 3rd quarter. Park Avenue Securities LLC now owns 1,631 shares of the company’s stock worth $564,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 2.3%

Willis Towers Watson Public stock opened at $247.64 on Friday. The firm has a 50-day moving average of $284.02 and a 200-day moving average of $306.71. Willis Towers Watson Public Limited Company has a one year low of $240.61 and a one year high of $352.79. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The company has a market cap of $23.39 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 1.07 and a beta of 0.45.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the prior year, the business posted $3.13 EPS. The company’s quarterly revenue was up 8.5% on a year-over-year basis. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post 19.5 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. Willis Towers Watson Public’s payout ratio is currently 22.39%.

Analyst Ratings Changes

WTW has been the subject of a number of research analyst reports. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price for the company in a research note on Wednesday, May 6th. Weiss Ratings lowered shares of Willis Towers Watson Public from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. BMO Capital Markets raised shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and reduced their target price for the stock from $347.00 to $300.00 in a research note on Friday, May 1st. Morgan Stanley reduced their target price on shares of Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Finally, Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $351.73.

Insider Activity

In other news, insider Lucy Clarke bought 1,896 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were bought at an average cost of $263.37 per share, with a total value of $499,349.52. Following the acquisition, the insider owned 22,717 shares in the company, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.40% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.