Headlands Technologies LLC Acquires 4,631 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Headlands Technologies LLC increased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1,020.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,085 shares of the company’s stock after buying an additional 4,631 shares during the quarter. Headlands Technologies LLC’s holdings in Willis Towers Watson Public were worth $1,227,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA increased its holdings in Willis Towers Watson Public by 1.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company’s stock worth $2,078,484,000 after buying an additional 98,719 shares in the last quarter. First Eagle Investment Management LLC boosted its position in Willis Towers Watson Public by 9.0% in the third quarter. First Eagle Investment Management LLC now owns 5,410,018 shares of the company’s stock worth $1,130,477,000 after purchasing an additional 445,775 shares during the last quarter. Invesco Ltd. boosted its position in Willis Towers Watson Public by 1.3% in the third quarter. Invesco Ltd. now owns 2,021,602 shares of the company’s stock worth $422,434,000 after purchasing an additional 25,794 shares during the last quarter. Baupost Group LLC MA lifted its position in shares of Willis Towers Watson Public by 72.4% during the 3rd quarter. Baupost Group LLC MA now owns 1,555,667 shares of the company’s stock valued at $325,072,000 after buying an additional 653,300 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Willis Towers Watson Public by 2.2% during the 3rd quarter. Northern Trust Corp now owns 1,197,977 shares of the company’s stock valued at $250,329,000 after buying an additional 25,522 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction on 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 transaction, 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 document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $250.95 on Friday. The company has a market cap of $25.66 billion, a P/E ratio of 25.17, a P/E/G ratio of 1.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.45 and a current ratio of 1.89. The business’s 50 day moving average price is $269.96 and its 200-day moving average price is $251.39. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, beating the consensus estimate of $3.21 by $0.08. The firm had revenue of $2.34 billion for 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 company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.84 EPS. Sell-side analysts predict that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a dividend of $0.88 per share. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 annualized dividend and a dividend yield of 1.40%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on WTW shares. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $307.00 to $317.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. Evercore ISI boosted their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a report on Friday. TD Cowen initiated coverage on Willis Towers Watson Public in a report on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price target on the stock. Piper Sandler boosted their price target on Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Stifel Nicolaus boosted their price target on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and a consensus target price of $293.43.

Willis Towers Watson Public Company 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.