Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,183 shares of the company’s stock after selling 580 shares during the period. Daiwa Securities Group Inc.’s holdings in Willis Towers Watson Public were worth $7,575,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Willis Towers Watson Public by 12.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after buying an additional 38 shares in the last quarter. Glenmede Trust Co. NA raised its position in shares of 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 worth $418,000 after purchasing an additional 42 shares during the period. Farther Finance Advisors LLC raised its position in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the period. UMB Bank n.a. lifted its holdings in shares of Willis Towers Watson Public by 10.4% during the fourth quarter. UMB Bank n.a. now owns 520 shares of the company’s stock valued at $163,000 after purchasing an additional 49 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position 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 valued at $350,000 after purchasing an additional 50 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $326.52 on Wednesday. The firm has a market cap of $32.55 billion, a price-to-earnings ratio of -326.52, a P/E/G ratio of 2.95 and a beta of 0.71. 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 current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The business has a fifty day simple moving average of $323.28 and a 200 day simple moving average of $309.88.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate 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%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the business earned $7.44 EPS. As a group, 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.13%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Insiders Place Their Bets

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. Insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Barclays boosted their price objective 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. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods boosted 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 note on Friday, January 10th. Finally, Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the company from $352.00 to $382.00 in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and a consensus target price of $342.08.

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.