Monument Group Wealth Advisors LLC Invests $600,000 in Willis Towers Watson Public Limited (NASDAQ:WTW)

Monument Group Wealth Advisors LLC purchased a new position in Willis Towers Watson Public Limited (NASDAQ:WTW) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,486 shares of the company’s stock, valued at approximately $600,000. Willis Towers Watson Public comprises approximately 0.5% of Monument Group Wealth Advisors LLC’s portfolio, making the stock its 17th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WTW. Massachusetts Financial Services Co. MA grew its holdings in Willis Towers Watson Public by 1.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company’s stock worth $2,078,484,000 after acquiring an additional 98,719 shares in the last quarter. First Eagle Investment Management LLC grew its stake in Willis Towers Watson Public by 9.0% in the third quarter. First Eagle Investment Management LLC now owns 5,410,018 shares of the company’s stock worth $1,130,477,000 after purchasing an additional 445,775 shares in the last quarter. Invesco Ltd. grew its stake in Willis Towers Watson Public by 1.3% in the third quarter. Invesco Ltd. now owns 2,021,602 shares of the company’s stock worth $422,434,000 after purchasing an additional 25,794 shares in the last quarter. Baupost Group LLC MA increased its holdings in Willis Towers Watson Public by 72.4% in the third quarter. Baupost Group LLC MA now owns 1,555,667 shares of the company’s stock valued at $325,072,000 after buying an additional 653,300 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Willis Towers Watson Public by 2.2% during the third quarter. Northern Trust Corp now owns 1,197,977 shares of the company’s stock valued at $250,329,000 after buying an additional 25,522 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the subject of several research reports. Morgan Stanley lifted their target price on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. Stifel Nicolaus boosted their target price on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. Raymond James restated an “outperform” rating and issued a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. Finally, Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $290.54.

Willis Towers Watson Public Stock Performance

WTW opened at $263.68 on Wednesday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $271.11 and its 200-day moving average is $250.67. The stock has a market cap of $26.96 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.51 and a beta of 0.73. 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 announced its earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share for the quarter, beating the consensus estimate of $7.05 by $0.39. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the previous year, the business earned $6.33 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts predict that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio is currently 35.13%.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.22% of the stock is owned by corporate insiders.

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.