Sage Mountain Advisors LLC Raises Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sage Mountain Advisors LLC boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 26.4% in the fourth quarter, Holdings Channel reports. The fund owned 905 shares of the company’s stock after buying an additional 189 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Willis Towers Watson Public were worth $283,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WTW. Y.D. More Investments Ltd boosted its holdings in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares during the period. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the 3rd quarter worth approximately $41,000. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Willis Towers Watson Public in the 4th quarter worth approximately $49,000. Versant Capital Management Inc boosted its holdings in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after acquiring an additional 85 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Truist Financial reiterated a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public Stock Performance

WTW stock opened at $321.10 on Thursday. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The firm has a market cap of $32.01 billion, a P/E ratio of -321.10, a P/E/G ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $344.14. The stock’s 50 day simple moving average is $323.44 and its 200 day simple moving average is $309.96.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $7.44 EPS. As a group, equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. The ex-dividend date is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.15%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

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.