Blair William & Co. IL Sells 44 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Blair William & Co. IL lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,629 shares of the company’s stock after selling 44 shares during the period. Blair William & Co. IL’s holdings in Willis Towers Watson Public were worth $2,076,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTW. Townsquare Capital LLC raised its position in shares of Willis Towers Watson Public by 63.4% in the 3rd quarter. Townsquare Capital LLC now owns 1,569 shares of the company’s stock valued at $462,000 after buying an additional 609 shares in the last quarter. Glenmede Trust Co. NA raised its position in Willis Towers Watson Public by 3.1% during the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after purchasing an additional 42 shares in the last quarter. Martingale Asset Management L P bought a new stake in Willis Towers Watson Public during the third quarter worth $207,000. Atom Investors LP boosted its holdings in shares of 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 purchasing an additional 3,126 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $413,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus target price of $346.15.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $337.00 on Wednesday. The stock has a market capitalization of $33.60 billion, a PE ratio of -337.00, a PEG ratio of 2.95 and a beta of 0.71. The business’s 50 day simple moving average is $328.97 and its 200 day simple moving average is $314.33. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm posted $7.44 EPS. The company’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, research 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 firm also recently disclosed 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 a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. Willis Towers Watson Public’s dividend payout ratio (DPR) is -368.00%.

Insider Activity

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public 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 completion of the sale, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is 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.