Huntington National Bank Acquires 135 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Huntington National Bank raised its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,430 shares of the company’s stock after acquiring an additional 135 shares during the quarter. Huntington National Bank’s holdings in Willis Towers Watson Public were worth $6,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of WTW. Y.D. More Investments Ltd grew its holdings in 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 purchasing an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at about $49,000. Versant Capital Management Inc grew its stake in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the period. Golden State Wealth Management LLC purchased a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $76,000. Institutional investors own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public 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 completion of the transaction, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on WTW shares. Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased 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 raised their price target for the company from $365.00 to $400.00 in a report on Thursday, December 5th. UBS Group raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company decreased their target price 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. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $346.15.

Willis Towers Watson Public Trading Up 0.1 %

Shares of WTW opened at $337.43 on Thursday. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company’s fifty day moving average is $329.30 and its 200 day moving average is $314.49. The stock has a market capitalization of $33.64 billion, a PE ratio of -337.43, a P/E/G ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations 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 revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $7.44 EPS. Sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 represents a $3.68 annualized dividend and a dividend yield of 1.09%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Willis Towers Watson Public Company 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.