2,299 Shares in Willis Towers Watson Public Limited (NASDAQ:WTW) Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd bought a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,299 shares of the company’s stock, valued at approximately $720,000.

Several other large investors have also added to or reduced their stakes in WTW. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after purchasing an additional 620,926 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its holdings in 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 worth $147,255,000 after purchasing an additional 498,915 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in Willis Towers Watson Public by 33,979.6% during the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company’s stock worth $143,580,000 after purchasing an additional 457,025 shares during the last quarter. Canoe Financial LP acquired a new position in Willis Towers Watson Public during the fourth quarter worth $47,883,000. Finally, Cidel Asset Management Inc. acquired a new position in Willis Towers Watson Public during the fourth quarter worth $42,964,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on WTW shares. 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. Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Truist Financial reaffirmed a “buy” rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their price target for the stock from $344.00 to $395.00 in a research report on Tuesday. Finally, Barclays upped their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and a consensus target price of $346.15.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $334.51 on Friday. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14. The firm has a market cap of $33.35 billion, a price-to-earnings ratio of -334.51, a P/E/G ratio of 2.95 and a beta of 0.71. The firm’s 50-day simple moving average is $325.71 and its 200 day simple moving average is $311.48. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the firm earned $7.44 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, sell-side 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 yield of 1.10%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Insider Buying and Selling

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction dated Friday, February 28th. The shares were 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 in the company, valued at $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.