New York State Common Retirement Fund Sells 3,100 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

New York State Common Retirement Fund lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,656 shares of the company’s stock after selling 3,100 shares during the quarter. New York State Common Retirement Fund owned approximately 0.06% of Willis Towers Watson Public worth $19,626,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WTW shares. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. 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. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Wells Fargo & Company reduced their price target 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. Finally, Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned 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.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public Trading Up 0.4 %

Shares of WTW stock opened at $325.95 on Friday. The company has a market cap of $32.83 billion, a P/E ratio of -325.95, a PEG ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $334.99. The stock has a 50 day simple moving average of $318.60 and a two-hundred day simple moving average of $304.94. 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 (NASDAQ:WTW) last released its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. Willis Towers Watson Public’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.44 EPS. Research analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -352.00%.

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.