Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Family Firm Inc.

Family Firm Inc. lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,476 shares of the company’s stock after selling 228 shares during the quarter. Family Firm Inc.’s holdings in Willis Towers Watson Public were worth $462,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WTW. MassMutual Private Wealth & Trust FSB raised its stake in Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after acquiring an additional 38 shares in the last quarter. Glenmede Trust Co. NA raised its stake in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after buying an additional 42 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Willis Towers Watson Public by 10.4% in the 4th quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after buying an additional 49 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 4.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company’s stock worth $350,000 after buying an additional 50 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in shares of Willis Towers Watson Public by 2.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 1,983 shares of the company’s stock worth $621,000 after buying an additional 51 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction dated 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 owns 74,417 shares of the company’s stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

WTW has been the topic of a number of research reports. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays lifted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Wells Fargo & Company decreased their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Truist Financial restated a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average target price of $342.08.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $324.61 on Friday. The stock’s fifty day simple moving average is $323.94 and its 200-day simple moving average is $310.30. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The company has a market capitalization of $32.36 billion, a price-to-earnings ratio of -324.61, a P/E/G ratio of 2.95 and a beta of 0.71.

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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the previous year, the company posted $7.44 earnings per share. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, sell-side analysts predict 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.92 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.13%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s payout ratio is -368.00%.

Willis Towers Watson Public 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.