Cornercap Investment Counsel Inc. Sells 195 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Cornercap Investment Counsel Inc. cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,906 shares of the company’s stock after selling 195 shares during the quarter. Cornercap Investment Counsel Inc.’s holdings in Willis Towers Watson Public were worth $1,537,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Y.D. More Investments Ltd lifted its position in Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Willis Towers Watson Public during the 4th quarter valued at $49,000. Versant Capital Management Inc grew its holdings in Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after acquiring an additional 85 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $76,000. 93.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WTW has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Truist Financial restated a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Finally, Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and an average target price of $346.15.

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 Willis Towers Watson Public stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company’s stock, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $337.16 on Friday. The firm has a market capitalization of $33.61 billion, a P/E ratio of -337.16, a PEG ratio of 2.95 and a beta of 0.71. 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. The business has a fifty day moving average of $328.33 and a 200 day moving average of $313.33.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the company posted $7.44 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS 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. Investors of record on Monday, March 31st will be given a dividend of $0.92 per share. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. 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.