Fonville Wealth Management LLC Acquires Shares of 1,554 Willis Towers Watson Public Limited (NASDAQ:WTW)

Fonville Wealth Management LLC acquired a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,554 shares of the company’s stock, valued at approximately $375,000.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Willis Towers Watson Public by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,699 shares of the company’s stock worth $416,000 after purchasing an additional 42 shares during the period. Steel Canyon Capital LLC lifted its position in shares of Willis Towers Watson Public by 0.3% in the 4th quarter. Steel Canyon Capital LLC now owns 16,063 shares of the company’s stock worth $3,929,000 after purchasing an additional 51 shares during the period. Brighton Jones LLC lifted its position in shares of Willis Towers Watson Public by 4.3% in the 3rd quarter. Brighton Jones LLC now owns 1,253 shares of the company’s stock worth $262,000 after purchasing an additional 52 shares during the period. Strs Ohio lifted its position in shares of Willis Towers Watson Public by 0.6% in the 3rd quarter. Strs Ohio now owns 8,829 shares of the company’s stock worth $1,844,000 after purchasing an additional 55 shares during the period. Finally, Kestra Advisory Services LLC lifted its position in shares of Willis Towers Watson Public by 3.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 1,743 shares of the company’s stock worth $364,000 after purchasing an additional 60 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction 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 sale, the chief financial officer now owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WTW. Roth Mkm upped their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Wells Fargo & Company reduced their price objective on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Finally, Morgan Stanley boosted their price objective on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.54.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock traded up $3.72 during mid-day trading on Thursday, reaching $262.99. 435,306 shares of the company traded hands, compared to its average volume of 456,633. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.45 and a quick ratio of 1.45. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The company has a market capitalization of $26.89 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. The firm’s fifty day moving average is $271.68 and its two-hundred day moving average is $248.81.

Willis Towers Watson Public (NASDAQ:WTW) last released 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 firm had revenue of $2.91 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.33 earnings per share. On average, equities research analysts expect that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. 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 presently 35.13%.

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.