Eagle Rock Investment Company LLC Invests $203,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Eagle Rock Investment Company LLC acquired a new position in Willis Towers Watson Public Limited (NASDAQ:WTWFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 841 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors also recently modified their holdings of WTW. Resurgent Financial Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $27,000. Loomis Sayles & Co. L P bought a new stake in Willis Towers Watson Public during the third quarter valued at $28,000. Exchange Traded Concepts LLC bought a new stake in Willis Towers Watson Public during the fourth quarter valued at $29,000. Covington Capital Management bought a new stake in Willis Towers Watson Public during the third quarter valued at $32,000. Finally, Money Concepts Capital Corp bought a new stake in Willis Towers Watson Public during the fourth quarter valued at $37,000. Institutional investors own 91.41% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Morgan Stanley upped their price target on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 7th. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $236.00 to $315.00 in a research report on Monday, February 12th. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 7th. Stifel Nicolaus increased their price objective on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Finally, BMO Capital Markets raised shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and raised their price target for the company from $236.00 to $298.00 in a research report on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $283.92.

Read Our Latest Stock Analysis on WTW

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW traded down $0.20 during mid-day trading on Thursday, reaching $274.51. 471,242 shares of the company were exchanged, compared to its average volume of 462,619. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $28.13 billion, a PE ratio of 27.42, a PEG ratio of 1.55 and a beta of 0.74. The company’s 50 day moving average price is $264.77 and its 200 day moving average price is $240.43. Willis Towers Watson Public Limited has a 52 week low of $195.29 and a 52 week high of $278.86.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 earnings per share for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.33 earnings per share. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.29 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 Monday, April 15th. Investors of record on Sunday, March 31st will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.28%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date is Wednesday, March 27th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.53%.

Insiders Place Their Bets

In related news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.83% of the company’s stock.

Willis Towers Watson Public Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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