Mach 1 Financial Group LLC Makes New $756,000 Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Mach 1 Financial Group LLC acquired a new position in Willis Towers Watson Public Limited (NASDAQ:WTW) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,135 shares of the company’s stock, valued at approximately $756,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Schechter Investment Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $502,000. Fidelis Capital Partners LLC raised its stake in shares of Willis Towers Watson Public by 11.2% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,098 shares of the company’s stock valued at $265,000 after purchasing an additional 111 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Willis Towers Watson Public by 7.7% in the 3rd quarter. Deutsche Bank AG now owns 259,505 shares of the company’s stock valued at $54,226,000 after purchasing an additional 18,657 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Willis Towers Watson Public by 1,736.9% in the 4th quarter. SG Americas Securities LLC now owns 56,465 shares of the company’s stock valued at $13,619,000 after purchasing an additional 53,391 shares in the last quarter. Finally, Seed Wealth Management Inc. acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at about $204,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 7th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. Truist Financial boosted their price objective on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Evercore ISI boosted their price objective on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research report on Friday. Finally, Raymond James restated an “outperform” rating and issued a $315.00 target price (up previously from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $293.21.

Willis Towers Watson Public Price Performance

WTW stock traded down $1.29 on Tuesday, hitting $251.14. 486,924 shares of the company’s stock traded hands, compared to its average volume of 468,948. Willis Towers Watson Public Limited has a 1-year low of $195.29 and a 1-year high of $278.86. The stock has a market cap of $25.68 billion, a price-to-earnings ratio of 25.19, a P/E/G ratio of 1.44 and a beta of 0.74. The stock has a fifty day moving average of $268.97 and a 200-day moving average of $252.24. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55.

Willis Towers Watson Public (NASDAQ:WTW) last released its 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. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the business earned $2.84 earnings per share. The business’s quarterly revenue was up 4.3% on a year-over-year basis. On average, analysts forecast that Willis Towers Watson Public Limited will post 16.27 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.40%. The ex-dividend date was Wednesday, March 27th. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio is 35.31%.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the company’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 value of $299,343.00. Following the transaction, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction 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.

About Willis Towers Watson Public

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.