Groupama Asset Managment Invests $2.08 Million in Willis Towers Watson Public Limited (NASDAQ:WTW)

Groupama Asset Managment purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,631 shares of the company’s stock, valued at approximately $2,077,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Y.D. More Investments Ltd raised its position in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after buying an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public during the fourth quarter worth $49,000. Versant Capital Management Inc lifted its stake in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth $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 the business’s stock in a transaction on 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 transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WTW has been the topic of a number of recent analyst reports. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Wells Fargo & Company decreased their target price on shares of 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. Finally, Truist Financial reiterated 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 research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $346.15.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $337.43 on Thursday. The firm has a market cap of $33.64 billion, a P/E ratio of -337.43, a P/E/G ratio of 2.95 and a beta of 0.71. The stock’s 50 day moving average is $329.30 and its 200 day moving average is $314.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm posted $7.44 EPS. The company’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, research analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is currently -368.00%.

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.