Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Sunriver Management LLC

Sunriver Management LLC raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,627 shares of the company’s stock after buying an additional 1,223 shares during the period. Willis Towers Watson Public comprises about 6.6% of Sunriver Management LLC’s holdings, making the stock its 5th largest position. Sunriver Management LLC owned 0.17% of Willis Towers Watson Public worth $55,013,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $484,210,000. FMR LLC boosted its stake in Willis Towers Watson Public by 52.4% in the fourth quarter. FMR LLC now owns 3,682,939 shares of the company’s stock valued at $1,153,644,000 after acquiring an additional 1,266,484 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company’s stock worth $309,616,000 after purchasing an additional 973,843 shares during the last quarter. Proficio Capital Partners LLC increased its position in shares of Willis Towers Watson Public by 33,979.6% during the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company’s stock worth $143,580,000 after purchasing an additional 457,025 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Willis Towers Watson Public by 14.7% in the 4th quarter. Invesco Ltd. now owns 2,228,497 shares of the company’s stock valued at $698,055,000 after purchasing an additional 285,497 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.22% of the stock is owned by insiders.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $321.74 on Monday. The stock has a market capitalization of $32.08 billion, a price-to-earnings ratio of -321.74, a PEG ratio of 2.95 and a beta of 0.68. The business’s 50 day moving average is $326.95 and its two-hundred day moving average is $315.87. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the company posted $7.44 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 4.2% on a year-over-year basis. Research analysts expect 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.92 dividend. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio (DPR) is -368.00%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Barclays lifted their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Jefferies Financial Group decreased their price target on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $387.00 target price on shares of Willis Towers Watson Public in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $346.38.

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.