Intrust Bank NA Acquires 165 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Intrust Bank NA grew its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,619 shares of the company’s stock after purchasing an additional 165 shares during the period. Intrust Bank NA’s holdings in Willis Towers Watson Public were worth $820,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of WTW. Norges Bank bought a new position in shares of Willis Towers Watson Public in the fourth quarter worth $484,210,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Willis Towers Watson Public by 277.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after buying an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in shares of Willis Towers Watson Public by 47,515.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after buying an additional 498,915 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of Willis Towers Watson Public by 33,979.6% in the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company’s stock worth $143,580,000 after buying an additional 457,025 shares in the last quarter. Finally, Canoe Financial LP bought a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $47,883,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $337.16 on Friday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock has a market cap of $33.61 billion, a PE ratio of -337.16, a PEG ratio of 2.95 and a beta of 0.71. The company’s fifty day moving average is $328.33 and its 200 day moving average is $313.49. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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 company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.44 earnings per share. Research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued 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 1.09%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WTW. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their target price for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $346.15.

Insider Buying and Selling

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction dated 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.22% of the stock is owned by insiders.

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.