GAMMA Investing LLC Has $196,000 Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

GAMMA Investing LLC boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 26.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 713 shares of the company’s stock after buying an additional 149 shares during the period. GAMMA Investing LLC’s holdings in Willis Towers Watson Public were worth $196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of Willis Towers Watson Public by 4,811.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,472,707 shares of the company’s stock valued at $355,217,000 after purchasing an additional 1,442,722 shares during the period. Norges Bank acquired a new position in Willis Towers Watson Public in the fourth quarter valued at about $300,782,000. Baupost Group LLC MA lifted its stake in Willis Towers Watson Public by 72.4% in the third quarter. Baupost Group LLC MA now owns 1,555,667 shares of the company’s stock valued at $325,072,000 after buying an additional 653,300 shares during the period. Balyasny Asset Management L.P. bought a new position in Willis Towers Watson Public during the fourth quarter worth about $107,010,000. Finally, Adage Capital Partners GP L.L.C. grew its position in shares of Willis Towers Watson Public by 1,532.2% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 424,188 shares of the company’s stock worth $88,638,000 after buying an additional 398,200 shares during the period. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $259.94 on Friday. The stock has a market capitalization of $26.58 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 1.45 and a beta of 0.75. Willis Towers Watson Public Limited has a 12 month low of $195.29 and a 12 month high of $278.86. The firm has a fifty day simple moving average of $255.75 and a 200 day simple moving average of $257.62. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.84 EPS. Research analysts forecast that Willis Towers Watson Public Limited will post 16.27 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Friday, June 28th. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Wall Street Analysts Forecast Growth

WTW has been the topic of several recent analyst reports. Evercore ISI lifted their price objective on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research note on Friday, April 26th. Citigroup decreased their price target on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a report on Monday, April 29th. Bank of America raised Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Keefe, Bruyette & Woods decreased their target price on Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a research note on Monday, May 6th. Finally, Raymond James restated an “outperform” rating and issued a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $296.14.

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.