Geode Capital Management LLC Has $823.64 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Geode Capital Management LLC boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,635,852 shares of the company’s stock after purchasing an additional 6,413 shares during the period. Geode Capital Management LLC owned about 2.62% of Willis Towers Watson Public worth $823,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Y.D. More Investments Ltd lifted its position in shares of Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public during the 4th quarter worth about $49,000. Versant Capital Management Inc boosted its stake in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $337.43 on Thursday. The business’s 50 day moving average is $329.30 and its 200-day moving average is $314.49. The firm has a market cap of $33.64 billion, a P/E ratio of -337.43, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. 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 (NASDAQ:WTW) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the firm earned $7.44 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. Equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

Analyst Ratings Changes

A number of research analysts have weighed in on WTW shares. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their target price for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $346.15.

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.