Bogart Wealth LLC Buys New Position In Willis Towers Watson Public Limited (NASDAQ:WTW)

Bogart Wealth LLC acquired a new stake in Willis Towers Watson Public Limited (NASDAQ: WTW - Buy Rating) in the second quarter, according to the latest 13F filing with the Securities and Exchange Commission. An institutional investor purchased 150 shares of the company for approximately $30,000.

Many other hedge funds and other institutional investors have also recently changed positions in WTW. River Road Asset Management LLC acquired a new interest in Willis Towers Watson Public in the second quarter for $97,619,000. First Fiduciary Investment Counsel Inc. acquired a new interest in Willis Towers Watson Public in the second quarter for $8,485,000. Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new stake in Willis Towers Watson Public in the second quarter for $9,415,000. Gulf International Bank UK Ltd acquired a new stake in Willis Towers Watson Public for $4,327,000 in the second quarter. Ultimately, Brinker Capital Investments LLC acquired a new stake in Willis Towers Watson Public in the second quarter for $1,545,000. Institutional investors own 93.25% of the company.

Willis Towers Watson loses 0.7%

NASDAQ Stocks: WTW opened Monday at $200.94. The company has a market capitalization of $22.10 billion, a P/E ratio of 7.13, a PEG ratio of 0.89, and a beta of 0.74. The firm has a debt-to-equity ratio of 0.45, a current ratio of 2.57, and a quick ratio of 2.57. Willis Towers Watson Public Limited has an annual minimum of $187.89 and an annual maximum of $249.70. The stock has a 50-day moving average of $208.69 and a 200-day moving average of $212.31.

Willis Towers Watson Public (NASDAQ: WTW - Get Rating) released its latest quarterly earnings report on Thursday, July 28. The company reported earnings of $2.32 per share (EPS) for the quarter, in line with an analyst consensus estimate of $2.32. The company's revenue for the quarter was $2.03 billion, compared to the consensus estimate of $2.07 billion. Willis Towers Watson Public had a return on equity of 13.06% and a net income of 39.87%. The company's quarterly revenue fell 2.9% from a year ago. During the same period last year, the company earned $2.66 per share. Sales analysts expect Willis Towers Watson Public Limited to earn 13.6 EPS this year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, to be paid on Monday, October 17. Shareholders of record on Friday, September 30, will receive a dividend of $0.82. This means an annual dividend of $3.28 and a yield of 1.63%. The ex-dividend date is Thursday, September 29. Willis Towers Watson Public's dividend payout ratio is 11.64%.

Insider buying and selling information at Willis Towers Watson Public

In other public Willis Towers Watson news, insider Gene H. Wicks sold 398 shares in a deal on Wednesday, August 17. The shares were sold at an average price of $220 for a total of $87,560. As a result of the transaction, the whistleblower now owns 72,475 shares of the company worth $15,944,500. The transaction was disclosed in an SEC filing, available at this hyperlink. In other news, insider Gene H. Wicks sold 10,000 shares of the company in a deal on Friday, August 26. The shares traded at an average price of $209.47 with a total value of $2,094,700. After the deal, the insider now owns 72,475 shares in the company worth $15,181,338.25. The agreement was disclosed in documents filed with the Securities and Exchange Commission, available at this link. Additionally, whistleblower Gene H. Wicks sold 398 shares of the company in a deal on Wednesday, August 17. The shares were sold at an average price of $220 for a total of $87,560. After completing the transaction, the insider now directly owns 72,475 shares of the company, valued at approximately $15,944,500. Information on this sale can be found here. In the last 90 days, insiders sold 26,753 shares of the company for $5,581,583. 0.83% of the shares are owned by insiders.

Analysts set new price targets

WTW is the subject of several recent investigative reports. Morgan Stanley raised its price target on Willis Towers Watson Public to $242 from $222 and gave the stock an "equal weight" rating in a research note on Friday, August 19. Jefferies Financial Group lowered its price target on Willis Towers Watson Public stock from $237 to $218 and issued a HOLD recommendation in a research note on Tuesday, July 12. The Goldman Sachs Group took over coverage of Willis Towers Watson Public in a research note on Tuesday, July 12. They assigned the stock a "neutral" valuation and a price target of $227.00. Finally, Credit Suisse Group took over coverage of Willis Towers Watson Public in a research note on Monday, September 26. They gave the stock an overweight rating. One investment analyst rated the stock a sell rating, six gave it a hold rating, and one gave the stock a buy rating. According to MarketBeat, the stock has an average Hold rating and an agreed price target of $235.00.

Willis Towers Watson Public Profile

(to be classified)

Willis Towers Watson, a corporation, operates worldwide as a consulting, brokerage and solutions firm. It operates in two segments: Health, Heritage and Career; and Risk and Broker. The firm provides actuarial support, plan development, and administrative services for traditional pension and social security plans; Planning, brokerage and management consulting services for group health and benefit programs; and take advantage of outsourcing services.

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