Balyasny Asset Management L.P. Buys 219,749 Shares of Willis Towers Watson Public Limited Company $WTW

Balyasny Asset Management L.P. increased its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 103.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 432,838 shares of the company’s stock after acquiring an additional 219,749 shares during the period. Balyasny Asset Management L.P.’s holdings in Willis Towers Watson Public were worth $142,231,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC grew its stake in Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after purchasing an additional 60 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at approximately $28,000. Larson Financial Group LLC grew its stake in shares of Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares in the last quarter. Raiffeisen Bank International AG bought a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $31,000. Finally, Elyxium Wealth LLC bought a new position in Willis Towers Watson Public during the fourth quarter worth about $36,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on WTW shares. Keefe, Bruyette & Woods lowered their price target on shares of Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 12th. Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Barclays lowered their price target on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. UBS Group cut their target price on Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. Finally, Morgan Stanley decreased their price target on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $350.00.

Willis Towers Watson Public Price Performance

WTW stock opened at $260.03 on Thursday. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78. Willis Towers Watson Public Limited Company has a 12 month low of $240.61 and a 12 month high of $352.79. The firm has a market cap of $24.56 billion, a P/E ratio of 15.16, a P/E/G ratio of 0.83 and a beta of 0.43. The company’s 50-day moving average price is $267.67 and its two-hundred day moving average price is $296.08.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating the consensus estimate of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the firm earned $3.13 EPS. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

Insider Buying and Selling

In other Willis Towers Watson Public news, insider Lucy Clarke acquired 1,896 shares of Willis Towers Watson Public stock in a transaction that occurred on Wednesday, May 6th. The shares were acquired at an average cost of $263.37 per share, with a total value of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This represents a 9.11% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.