Tempo Wealth LLC Takes $1.04 Million Position in Willis Towers Watson Public Limited Company $WTW

Tempo Wealth LLC purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,178 shares of the company’s stock, valued at approximately $1,044,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dodge & Cox raised its holdings in Willis Towers Watson Public by 90.7% during the 4th quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock valued at $2,275,728,000 after acquiring an additional 3,293,334 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Willis Towers Watson Public by 23.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock worth $1,151,808,000 after acquiring an additional 664,202 shares during the period. Invesco Ltd. boosted its holdings in shares of Willis Towers Watson Public by 2.7% in the fourth quarter. Invesco Ltd. now owns 2,212,870 shares of the company’s stock worth $727,149,000 after acquiring an additional 57,162 shares during the period. Norges Bank purchased a new position in shares of Willis Towers Watson Public in the fourth quarter valued at $511,151,000. Finally, Baupost Group LLC MA grew its position in shares of Willis Towers Watson Public by 24.7% in the fourth quarter. Baupost Group LLC MA now owns 1,357,601 shares of the company’s stock valued at $446,108,000 after purchasing an additional 268,536 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent research reports. BMO Capital Markets raised Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and dropped their price objective for the stock from $347.00 to $300.00 in a report on Friday, May 1st. Wells Fargo & Company reduced their target price on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Keefe, Bruyette & Woods decreased their price target on Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 12th. UBS Group lowered their price target on shares of Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Finally, Cantor Fitzgerald cut their price objective on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $350.00.

Insider Transactions at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares in the company, valued at approximately $5,982,976.29. This trade represents a 9.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is currently owned by company insiders.

Willis Towers Watson Public Price Performance

WTW stock opened at $255.20 on Friday. The firm has a 50 day simple moving average of $267.07 and a two-hundred day simple moving average of $295.61. The stock has a market cap of $24.10 billion, a PE ratio of 14.88, a P/E/G ratio of 0.83 and a beta of 0.43. Willis Towers Watson Public Limited Company has a one year low of $240.61 and a one year high of $352.79. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the company posted $3.13 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis. On average, analysts predict that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.96 per share. 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 (DPR) is presently 22.39%.

Willis Towers Watson Public Company Profile

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.