WINTON GROUP Ltd Makes New Investment in Willis Towers Watson Public Limited Company $WTW

WINTON GROUP Ltd bought a new position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 4th quarter, Holdings Channel.com reports. The fund bought 5,884 shares of the company’s stock, valued at approximately $1,933,000.

Several other institutional investors and hedge funds have also bought and sold shares of WTW. Dodge & Cox boosted its position in Willis Towers Watson Public by 184.1% in the third quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock worth $1,254,740,000 after purchasing an additional 2,353,768 shares during the last quarter. Norges Bank purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at about $511,151,000. Alliancebernstein L.P. lifted its position in shares of Willis Towers Watson Public by 80.2% during the 2nd quarter. Alliancebernstein L.P. now owns 1,038,275 shares of the company’s stock valued at $318,231,000 after buying an additional 462,249 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Willis Towers Watson Public by 56.8% during the 2nd quarter. Bank of America Corp DE now owns 745,074 shares of the company’s stock valued at $228,365,000 after buying an additional 269,794 shares in the last quarter. Finally, Tidal Investments LLC lifted its position in shares of Willis Towers Watson Public by 546.4% during the 3rd quarter. Tidal Investments LLC now owns 255,679 shares of the company’s stock valued at $88,324,000 after buying an additional 216,124 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WTW has been the topic of a number of analyst reports. UBS Group lowered their price objective on Willis Towers Watson Public from $409.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Piper Sandler lowered their price objective on Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Mizuho lowered their price objective on Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 5th. Barclays lowered their price objective on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, Weiss Ratings cut Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $351.73.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Lucy Clarke bought 1,896 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were bought at an average price of $263.37 per share, with a total value of $499,349.52. Following the purchase, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $263.54 on Monday. The business’s 50 day moving average is $272.09 and its 200 day moving average is $299.34. The company has a market capitalization of $24.89 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 0.85 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 12-month low of $240.61 and a 12-month high of $352.79. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.65 by $0.07. The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $3.13 EPS. Research analysts expect that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.39%.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.