Siemens Fonds Invest GmbH grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 380.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,280 shares of the company’s stock after purchasing an additional 4,182 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Willis Towers Watson Public were worth $1,750,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. McIlrath & Eck LLC bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $30,000. GeoWealth Management LLC raised its position in shares of Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after purchasing an additional 56 shares during the period. Y.D. More Investments Ltd raised its position in shares of Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $49,000. Finally, Park Square Financial Group LLC bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $62,000. 93.09% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction that occurred 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 sale, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.32% of the company’s stock.
Willis Towers Watson Public Trading Up 1.2%
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.14). The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.13 earnings per share. On average, analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.
Willis Towers Watson Public Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.18%. Willis Towers Watson Public’s payout ratio is -736.00%.
Analysts Set New Price Targets
Several brokerages have recently weighed in on WTW. Keefe, Bruyette & Woods dropped their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. Barclays raised their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday, April 11th. Jefferies Financial Group lowered their price target on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Finally, UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $356.30.
View Our Latest Analysis on Willis Towers Watson Public
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.
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