Jones Financial Companies Lllp Boosts Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Jones Financial Companies Lllp lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 29.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 520 shares of the company’s stock after purchasing an additional 119 shares during the quarter. Jones Financial Companies Lllp’s holdings in Willis Towers Watson Public were worth $163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its position in Willis Towers Watson Public by 33.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 455 shares of the company’s stock worth $143,000 after buying an additional 114 shares during the last quarter. Metis Global Partners LLC lifted its position in Willis Towers Watson Public by 3.7% in the fourth quarter. Metis Global Partners LLC now owns 6,247 shares of the company’s stock worth $1,957,000 after buying an additional 225 shares during the last quarter. Williamson Legacy Group LLC lifted its position in Willis Towers Watson Public by 45.8% in the fourth quarter. Williamson Legacy Group LLC now owns 4,463 shares of the company’s stock worth $1,398,000 after buying an additional 1,402 shares during the last quarter. Anchor Capital Advisors LLC bought a new stake in Willis Towers Watson Public in the fourth quarter worth $207,000. Finally, Wakefield Asset Management LLLP bought a new stake in Willis Towers Watson Public in the fourth quarter worth $226,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

WTW has been the subject of a number of analyst reports. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Truist Financial reiterated a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Wells Fargo & Company decreased their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Barclays lifted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Performance

WTW stock opened at $324.61 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 business has a 50-day moving average price of $323.94 and a 200 day moving average price of $310.30. The company has a market capitalization of $32.36 billion, a P/E ratio of -324.61, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate 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%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company posted $7.44 earnings per share. As a group, equities research analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.13%. The ex-dividend date is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s payout ratio is -368.00%.

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.