Exencial Wealth Advisors LLC Sells 17,884 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Exencial Wealth Advisors LLC cut its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 33.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,774 shares of the company’s stock after selling 17,884 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Willis Towers Watson Public were worth $11,206,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WTW. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public during the third quarter valued at approximately $27,000. Y.D. More Investments Ltd raised its position in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares during the period. Ashton Thomas Securities LLC bought a new stake in Willis Towers Watson Public in the third quarter worth $41,000. Versant Capital Management Inc boosted its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares during the period. Finally, Golden State Wealth Management LLC purchased a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $72,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.22% of the stock is owned by company insiders.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $340.36 on Tuesday. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $342.17. The stock’s 50 day simple moving average is $321.37 and its two-hundred day simple moving average is $307.81. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The stock has a market cap of $33.93 billion, a price-to-earnings ratio of -340.36, a PEG ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released 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 analysts’ expectations 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%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $7.44 EPS. As a group, analysts expect that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

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

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.