AlphaCrest Capital Management LLC lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Get Rating) by 33.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,382 shares of the company’s stock after selling 1,734 shares during the quarter. AlphaCrest Capital Management LLC’s holdings in Willis Towers Watson Public were worth $680,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Artisan Partners Limited Partnership raised its holdings in shares of Willis Towers Watson Public by 8.6% during the third quarter. Artisan Partners Limited Partnership now owns 6,702,410 shares of the company’s stock valued at $1,346,782,000 after acquiring an additional 528,712 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in shares of Willis Towers Watson Public in the second quarter valued at $1,260,466,000. State Street Corp acquired a new stake in shares of Willis Towers Watson Public in the second quarter worth $971,817,000. Franklin Resources Inc. purchased a new position in shares of Willis Towers Watson Public during the second quarter valued at $487,982,000. Finally, Starboard Value LP acquired a new position in Willis Towers Watson Public during the second quarter valued at $443,241,000. Institutional investors and hedge funds own 93.77% of the company’s stock.
Insider Buying and Selling
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,000 shares of Willis Towers Watson Public stock in a transaction that occurred on Tuesday, February 14th. The stock was sold at an average price of $246.70, for a total value of $740,100.00. Following the transaction, the insider now directly owns 85,050 shares of the company’s stock, valued at approximately $20,981,835. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, insider Anne Donovan Bodnar sold 5,000 shares of the stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $253.94, for a total value of $1,269,700.00. Following the completion of the sale, the insider now owns 9,164 shares in the company, valued at $2,327,106.16. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Julie Jarecke Gebauer sold 3,000 shares of the business’s stock in a transaction dated Tuesday, February 14th. The shares were sold at an average price of $246.70, for a total value of $740,100.00. Following the transaction, the insider now owns 85,050 shares in the company, valued at $20,981,835. The disclosure for this sale can be found here. 0.83% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Willis Towers Watson Public Trading Down 0.5 %
Shares of WTW stock opened at $237.79 on Wednesday. Willis Towers Watson Public Limited has a 12 month low of $187.89 and a 12 month high of $258.93. The company has a market cap of $25.34 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 1.27 and a beta of 0.76. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $246.89 and its two-hundred day moving average is $230.32.
Willis Towers Watson Public (NASDAQ:WTW – Get Rating) last posted its earnings results on Thursday, February 9th. The company reported $6.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.29 by $0.04. The business had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.70 billion. Willis Towers Watson Public had a net margin of 11.38% and a return on equity of 14.53%. Willis Towers Watson Public’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business posted $5.67 EPS. Equities analysts predict that Willis Towers Watson Public Limited will post 14.58 EPS for the current year.
Willis Towers Watson Public Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be paid a $0.84 dividend. The ex-dividend date of this dividend is Thursday, March 30th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.82. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.41%. Willis Towers Watson Public’s payout ratio is presently 35.96%.
About Willis Towers Watson Public
Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits (HCB), Corporate Risk and Broking (CRB), Investment, Risk and Reinsurance (IRR), and Benefits Delivery and Administration (BDA). The HCB segment provides advice, broking, solutions, and software for employee benefit plans, human resources organizations, and management teams.
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