857 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Purchased by Summit Trail Advisors LLC

Summit Trail Advisors LLC bought a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 857 shares of the company’s stock, valued at approximately $207,000.

A number of other hedge funds have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Willis Towers Watson Public by 3.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,274 shares of the company’s stock worth $3,819,000 after purchasing an additional 578 shares in the last quarter. Brighton Jones LLC increased its stake in Willis Towers Watson Public by 4.3% in the 3rd quarter. Brighton Jones LLC now owns 1,253 shares of the company’s stock worth $262,000 after purchasing an additional 52 shares in the last quarter. Strs Ohio increased its stake in Willis Towers Watson Public by 0.6% in the 3rd quarter. Strs Ohio now owns 8,829 shares of the company’s stock worth $1,844,000 after purchasing an additional 55 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Willis Towers Watson Public by 2.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,954 shares of the company’s stock worth $3,125,000 after purchasing an additional 384 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new position in Willis Towers Watson Public in the 3rd quarter worth about $272,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WTW shares. Piper Sandler lifted their target price on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Stifel Nicolaus lifted their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. Citigroup lowered their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a research note on Monday, April 29th. Roth Mkm lifted their target price on 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. Finally, Evercore ISI lifted their target price on Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research note on Friday, April 26th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $295.54.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $252.96 on Thursday. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The stock’s 50-day moving average is $266.27 and its two-hundred day moving average is $253.73. The firm has a market cap of $25.86 billion, a P/E ratio of 25.37, a price-to-earnings-growth ratio of 1.45 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 16.31% and a net margin of 10.88%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.84 EPS. On average, analysts anticipate that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Wednesday, March 27th. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio is 35.31%.

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.