Rivermont Capital Management LP Has $28.63 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Rivermont Capital Management LP lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 15.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 91,384 shares of the company’s stock after purchasing an additional 12,061 shares during the quarter. Willis Towers Watson Public makes up about 10.8% of Rivermont Capital Management LP’s portfolio, making the stock its largest holding. Rivermont Capital Management LP’s holdings in Willis Towers Watson Public were worth $28,625,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sanctuary Advisors LLC lifted its holdings in shares of Willis Towers Watson Public by 2.7% during the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company’s stock valued at $1,364,000 after buying an additional 109 shares during the period. Sunriver Management LLC grew its position in shares of Willis Towers Watson Public by 0.7% during the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company’s stock worth $55,013,000 after purchasing an additional 1,223 shares in the last quarter. SG Americas Securities LLC raised its stake in Willis Towers Watson Public by 239.9% during the 4th quarter. SG Americas Securities LLC now owns 44,831 shares of the company’s stock valued at $14,043,000 after purchasing an additional 31,643 shares during the period. Atria Wealth Solutions Inc. purchased a new position in Willis Towers Watson Public in the 4th quarter worth approximately $263,000. Finally, Longboard Asset Management LP bought a new position in Willis Towers Watson Public in the 4th quarter worth approximately $245,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insider Buying and Selling at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares of the company’s stock, valued at $24,986,996.09. This trade represents a 4.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WTW shares. Barclays upped their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday, April 11th. UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Keefe, Bruyette & Woods decreased their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. Finally, Jefferies Financial Group dropped their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $351.55.

Willis Towers Watson Public Trading Down 0.3%

WTW opened at $303.37 on Thursday. The stock has a 50-day moving average of $319.85 and a 200 day moving average of $318.75. 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 Limited has a 12 month low of $248.09 and a 12 month high of $344.14. The firm has a market cap of $30.08 billion, a P/E ratio of -303.37, a P/E/G ratio of 2.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.14). The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $3.13 EPS. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.92 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is -736.00%.

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.