National Pension Service Sells 9,043 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

National Pension Service trimmed its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 143,487 shares of the company’s stock after selling 9,043 shares during the period. National Pension Service owned 0.14% of Willis Towers Watson Public worth $44,946,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Timber Creek Capital Management LLC raised its stake in shares of Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after acquiring an additional 1,957 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 71.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after acquiring an additional 2,775 shares in the last quarter. Intech Investment Management LLC grew its holdings in Willis Towers Watson Public by 28.3% in the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock valued at $30,753,000 after buying an additional 23,001 shares during the last quarter. Atom Investors LP grew its holdings in 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 buying an additional 3,126 shares during the last quarter. Finally, JPMorgan Chase & Co. grew 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 owned by institutional investors.

Willis Towers Watson Public Price Performance

Shares of WTW stock opened at $335.29 on Friday. The stock’s fifty day simple moving average is $320.41 and its 200 day simple moving average is $306.53. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a market cap of $33.77 billion, a price-to-earnings ratio of -335.29, a P/E/G ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $339.12.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates 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%. Willis Towers Watson Public’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.44 EPS. On average, 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.92 dividend. 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 annualized dividend and a yield of 1.10%. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WTW. Wells Fargo & Company lowered 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. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Truist Financial reaffirmed 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. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $342.08.

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.