Williamson Legacy Group LLC Purchases 1,402 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Williamson Legacy Group LLC lifted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 45.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,463 shares of the company’s stock after acquiring an additional 1,402 shares during the quarter. Willis Towers Watson Public makes up about 0.9% of Williamson Legacy Group LLC’s investment portfolio, making the stock its 17th largest position. Williamson Legacy Group LLC’s holdings in Willis Towers Watson Public were worth $1,398,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Capital Advisors LLC bought a new stake in shares of Willis Towers Watson Public during the fourth quarter worth $207,000. Wakefield Asset Management LLLP bought a new stake in Willis Towers Watson Public in the fourth quarter valued at about $226,000. Brueske Advisory Services LLC bought a new stake in Willis Towers Watson Public in the fourth quarter valued at about $633,000. Proficio Capital Partners LLC increased its holdings in Willis Towers Watson Public by 33,979.6% in the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company’s stock valued at $143,580,000 after purchasing an additional 457,025 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its holdings in Willis Towers Watson Public by 1.8% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 40,262 shares of the company’s stock valued at $12,612,000 after purchasing an additional 700 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Insider Transactions at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.22% of the stock is owned by insiders.

Willis Towers Watson Public Stock Up 1.3 %

WTW stock opened at $339.65 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The stock has a market capitalization of $34.21 billion, a P/E ratio of -339.65, a P/E/G ratio of 2.95 and a beta of 0.74. The business has a 50-day moving average of $320.85 and a 200-day moving average of $306.97. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $339.89.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate of $8.01 by $0.12. The company 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%. 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 firm earned $7.44 earnings per share. On average, sell-side 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.92 per share. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is currently -368.00%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on WTW shares. Evercore ISI upgraded 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 report on Wednesday, January 8th. Truist Financial reiterated a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price objective for the company from $352.00 to $382.00 in a report on Friday, December 20th. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $342.08.

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.