Act Two Investors LLC Acquires Shares of 896 Willis Towers Watson Public Limited (NASDAQ:WTW)

Act Two Investors LLC acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 896 shares of the company’s stock, valued at approximately $216,000.

Several other institutional investors and hedge funds have also recently modified their holdings of WTW. Loomis Sayles & Co. L P acquired a new position in shares of Willis Towers Watson Public in the third quarter valued at about $28,000. Exchange Traded Concepts LLC acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $29,000. Hexagon Capital Partners LLC grew its stake in shares of Willis Towers Watson Public by 168.8% in the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after acquiring an additional 81 shares in the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $34,000. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of Willis Towers Watson Public by 112.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after acquiring an additional 106 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on WTW. Roth Mkm upped their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Piper Sandler upped their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Morgan Stanley upped their price objective on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. Citigroup cut their price objective on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a research report on Monday, April 29th. Finally, Wells Fargo & Company cut their price objective on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research report on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $296.14.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $0.70 on Friday, reaching $253.20. The company had a trading volume of 248,218 shares, compared to its average volume of 409,350. The stock has a market capitalization of $25.89 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 1.44 and a beta of 0.75. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $278.86. The business’s 50-day moving average is $261.87 and its 200 day moving average is $256.07.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the firm posted $2.84 earnings per share. The firm’s revenue was up 4.3% compared to the same quarter last year. Equities 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is currently owned by insiders.

Willis Towers Watson Public 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.