Willis Towers Watson Public Limited Company $WTW Stake Lifted by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 110.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,925 shares of the company’s stock after acquiring an additional 2,058 shares during the period. MUFG Securities EMEA plc’s holdings in Willis Towers Watson Public were worth $1,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in WTW. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Willis Towers Watson Public during the fourth quarter valued at approximately $28,000. Larson Financial Group LLC lifted its stake in Willis Towers Watson Public by 72.5% during the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in Willis Towers Watson Public during the third quarter valued at approximately $31,000. Finally, Elyxium Wealth LLC acquired a new stake in Willis Towers Watson Public during the fourth quarter valued at approximately $36,000. 93.09% of the stock is currently owned by institutional investors.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Lucy Clarke purchased 1,896 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were bought at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the purchase, the insider directly owned 22,717 shares in the company, valued at $5,982,976.29. This trade represents a 9.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

WTW has been the subject of several recent research reports. Cantor Fitzgerald cut their target price on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. BMO Capital Markets raised shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and cut their target price for the company from $347.00 to $300.00 in a research note on Friday, May 1st. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price for the company in a research note on Wednesday, May 6th. Piper Sandler cut their target price on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Finally, Bank of America reduced their price target on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $351.73.

Willis Towers Watson Public Stock Down 0.2%

Shares of NASDAQ:WTW opened at $256.41 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92. The company has a market cap of $24.22 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 0.83 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 52 week low of $240.61 and a 52 week high of $352.79. The firm has a 50 day simple moving average of $274.85 and a 200 day simple moving average of $301.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the firm earned $3.13 EPS. The company’s revenue was up 8.5% compared to the same quarter last year. As a group, research analysts expect that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.96 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio is presently 22.39%.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.