Callan Family Office LLC Acquires 2,067 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Callan Family Office LLC lifted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 160.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,352 shares of the company’s stock after purchasing an additional 2,067 shares during the quarter. Callan Family Office LLC’s holdings in Willis Towers Watson Public were worth $1,050,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mizuho Securities USA LLC boosted its position in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after buying an additional 7,561,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of 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 valued at $248,706,000 after acquiring an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its holdings in Willis Towers Watson Public by 47,515.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after acquiring an additional 498,915 shares during the last quarter. Proficio Capital Partners LLC increased its position in Willis Towers Watson Public by 33,979.6% in 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 period. Finally, Canoe Financial LP bought a new stake in Willis Towers Watson Public during the 4th quarter worth about $47,883,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.1 %

NASDAQ WTW opened at $330.89 on Friday. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a market cap of $32.99 billion, a P/E ratio of -330.89, a P/E/G ratio of 2.95 and a beta of 0.71. The stock’s 50-day moving average is $322.64 and its 200-day moving average is $309.06.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the company posted $7.44 EPS. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.92 dividend. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Truist Financial restated a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Finally, Barclays upped their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $342.08.

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.