Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp raised its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,389 shares of the company’s stock after buying an additional 881 shares during the quarter. Alaska Permanent Fund Corp’s holdings in Willis Towers Watson Public were worth $10,707,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its holdings in Willis Towers Watson Public by 19.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock valued at $60,000 after buying an additional 41 shares in the last quarter. Brighton Jones LLC grew its holdings in shares of Willis Towers Watson Public by 4.3% in the 3rd quarter. Brighton Jones LLC now owns 1,253 shares of the company’s stock valued at $262,000 after buying an additional 52 shares during the period. Strs Ohio boosted its stake in Willis Towers Watson Public by 0.6% in the 3rd quarter. Strs Ohio now owns 8,829 shares of the company’s stock worth $1,844,000 after purchasing an additional 55 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Willis Towers Watson Public by 3.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 1,743 shares of the company’s stock valued at $364,000 after purchasing an additional 60 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its holdings in Willis Towers Watson Public by 3.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 1,721 shares of the company’s stock valued at $411,000 after acquiring an additional 60 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

Shares of WTW traded down $13.55 during mid-day trading on Thursday, reaching $250.93. The company had a trading volume of 59,885 shares, compared to its average volume of 446,537. The company’s 50-day moving average is $270.90 and its 200-day moving average is $250.76. The company has a market capitalization of $25.66 billion, a P/E ratio of 26.40, a P/E/G ratio of 1.50 and a beta of 0.73. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.45 and a quick ratio of 1.45. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.07. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $2.84 EPS. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.2 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a $0.88 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s payout ratio is currently 35.13%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WTW shares. Raymond James reaffirmed an “outperform” rating and set a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a research note on Thursday, March 28th. Stifel Nicolaus raised their price target on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Truist Financial lifted their target price on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. TD Cowen initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price target on the stock. Finally, Roth Mkm upped their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $290.54.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the transaction, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.22% of the company’s stock.

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.