Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 59.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,033 shares of the company’s stock after selling 11,795 shares during the period. QRG Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $2,516,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Timber Creek Capital Management LLC lifted its position in shares of Willis Towers Watson Public by 11.4% during the third quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after purchasing an additional 1,957 shares in the last quarter. OneDigital Investment Advisors LLC increased its stake in Willis Towers Watson Public by 71.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after buying an additional 2,775 shares during the period. Intech Investment Management LLC lifted its holdings in Willis Towers Watson Public by 28.3% in the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after buying an additional 23,001 shares in the last quarter. Atom Investors LP boosted its position in Willis Towers Watson Public by 64.0% in the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after buying an additional 3,126 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Willis Towers Watson Public by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after acquiring an additional 37,340 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 1.3 %

NASDAQ WTW opened at $339.65 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $339.89. The company has a 50-day simple moving average of $320.85 and a 200-day simple moving average of $307.20. The firm has a market capitalization of $34.21 billion, a PE ratio of -339.65, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.44 earnings per share. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WTW shares. Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Wells Fargo & Company decreased their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $342.08.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Company Profile

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.