Bank Julius Baer & Co. Ltd Zurich Acquires Shares of 140 Willis Towers Watson Public Limited (NASDAQ:WTW)

Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 140 shares of the company’s stock, valued at approximately $49,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public during the third quarter valued at approximately $27,000. Y.D. More Investments Ltd raised its holdings in shares of Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after acquiring an additional 69 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the third quarter valued at approximately $41,000. Versant Capital Management Inc raised its holdings in shares of Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $72,000. Institutional investors own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

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 stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is currently owned by insiders.

Willis Towers Watson Public Trading Down 1.7 %

NASDAQ WTW opened at $326.52 on Wednesday. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $344.14. The stock has a market cap of $32.55 billion, a P/E ratio of -326.52, a P/E/G ratio of 2.95 and a beta of 0.71. The stock’s fifty day moving average price is $323.28 and its 200-day moving average price is $309.88. 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 released its 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 positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the firm posted $7.44 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm 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 dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. 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 dividend yield of 1.13%. Willis Towers Watson Public’s dividend payout ratio (DPR) is -368.00%.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. Wells Fargo & Company reduced their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.