MUFG Securities EMEA plc Has $1.29 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

MUFG Securities EMEA plc lifted its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 110.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,925 shares of the company’s stock after purchasing an additional 2,058 shares during the quarter. MUFG Securities EMEA plc’s holdings in Willis Towers Watson Public were worth $1,290,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC grew its stake in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after buying an additional 61 shares during the last quarter. NewEdge Advisors LLC grew its stake in Willis Towers Watson Public by 7.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock valued at $875,000 after buying an additional 182 shares during the last quarter. Empowered Funds LLC grew its stake in Willis Towers Watson Public by 16.9% in the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after buying an additional 347 shares during the last quarter. Geneos Wealth Management Inc. grew its stake 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 buying an additional 39 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Willis Towers Watson Public by 12.6% in the 2nd quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock valued at $4,538,000 after buying an additional 1,659 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock opened at $256.41 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. Willis Towers Watson Public Limited Company has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The firm has a fifty day moving average price of $274.85 and a two-hundred day moving average price of $301.14. The company has a market cap of $24.22 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 0.83 and a beta of 0.43.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating 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 firm 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 firm earned $3.13 EPS. The business’s revenue was up 8.5% on a year-over-year basis. Analysts expect that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.96 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio is 22.39%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Lucy Clarke acquired 1,896 shares of Willis Towers Watson Public stock in a transaction dated Wednesday, May 6th. The stock was 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 of the company’s stock, valued at approximately $5,982,976.29. The trade was a 9.11% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on WTW shares. Bank of America lowered their target price on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Morgan Stanley lowered their target price on shares of Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Piper Sandler lowered their target price on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded 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 issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $351.73.

Willis Towers Watson Public Profile

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.