Trexquant Investment LP Makes New Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Trexquant Investment LP purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,472 shares of the company’s stock, valued at approximately $4,455,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC acquired a new position in Willis Towers Watson Public during the fourth quarter worth about $29,000. Hexagon Capital Partners LLC increased its stake in Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in Willis Towers Watson Public during the third quarter worth $28,000. HHM Wealth Advisors LLC purchased a new stake in Willis Towers Watson Public during the fourth quarter worth $34,000. Finally, Massmutual Trust Co. FSB ADV grew its holdings in 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 purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 1.0 %

Shares of WTW stock opened at $256.36 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 firm’s 50 day moving average price is $262.68 and its two-hundred day moving average price is $255.83. The stock has a market cap of $26.21 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 1.45 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 (NASDAQ:WTW) last announced its quarterly earnings results 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 firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same period in the prior year, the firm earned $2.84 EPS. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, analysts anticipate that Willis Towers Watson Public Limited will post 16.28 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.31%.

Insiders Place Their Bets

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the transaction, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.22% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

WTW has been the subject of several recent research reports. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and raised their target price for the company from $236.00 to $298.00 in a report on Monday, February 12th. Stifel Nicolaus upped their price objective on Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. Keefe, Bruyette & Woods cut their target price on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a research note on Monday, May 6th. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Finally, Truist Financial upped their price objective on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $296.14.

About Willis Towers Watson Public

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.