Leeward Investments LLC MA Purchases Shares of 38,091 Willis Towers Watson Public Limited (NASDAQ:WTW)

Leeward Investments LLC MA purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,091 shares of the company’s stock, valued at approximately $9,188,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its holdings in Willis Towers Watson Public by 19.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock valued at $60,000 after purchasing an additional 41 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of Willis Towers Watson Public by 4.3% during the 3rd quarter. Brighton Jones LLC now owns 1,253 shares of the company’s stock worth $262,000 after acquiring an additional 52 shares in the last quarter. Strs Ohio boosted its stake in shares of Willis Towers Watson Public by 0.6% during the 3rd quarter. Strs Ohio now owns 8,829 shares of the company’s stock worth $1,844,000 after acquiring an additional 55 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Willis Towers Watson Public by 3.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 1,743 shares of the company’s stock worth $364,000 after acquiring an additional 60 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Willis Towers Watson Public by 3.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 1,721 shares of the company’s stock worth $411,000 after acquiring an additional 60 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

WTW stock traded down $5.97 during trading on Friday, reaching $250.95. 770,659 shares of the company were exchanged, compared to its average volume of 468,609. The company has a market cap of $25.66 billion, a P/E ratio of 25.04, a PEG ratio of 1.51 and a beta of 0.73. Willis Towers Watson Public Limited has a 52-week low of $195.29 and a 52-week high of $278.86. The stock’s 50 day moving average price is $269.96 and its 200 day moving average price is $251.10. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, April 25th. The company reported $3.29 EPS for the quarter, beating the consensus estimate of $3.21 by $0.08. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.84 earnings per share. As a group, analysts predict that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a dividend of $0.88 per share. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.40%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.13%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WTW shares. BMO Capital Markets raised shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and increased their target price for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Truist Financial lifted their price target on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Evercore ISI lifted their price target on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research note on Friday. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $293.43.

Insider Buying and Selling

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares in the company, valued at $1,134,782.10. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is owned by company 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.