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

Xponance Inc. cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,350 shares of the company’s stock after selling 308 shares during the period. Xponance Inc.’s holdings in Willis Towers Watson Public were worth $4,495,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in WTW. Timber Creek Capital Management LLC increased its stake in 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 worth $5,625,000 after purchasing an additional 1,957 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of 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 acquiring an additional 23,001 shares in the last quarter. Atom Investors LP grew its position in Willis Towers Watson Public by 64.0% during the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after purchasing an additional 3,126 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after purchasing an additional 37,340 shares during the period. Finally, DRW Securities LLC boosted its position in shares of Willis Towers Watson Public by 205.6% in the third quarter. DRW Securities LLC now owns 4,596 shares of the company’s stock worth $1,354,000 after buying an additional 3,092 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Truist Financial restated a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. 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. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and boosted their price target for the company from $344.00 to $395.00 in a report on Tuesday. Finally, Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $346.15.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $334.51 on Friday. The business’s 50-day simple moving average is $325.71 and its 200-day simple moving average is $311.48. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The firm has a market cap of $33.35 billion, a price-to-earnings ratio of -334.51, a P/E/G ratio of 2.95 and a beta of 0.71.

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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the company posted $7.44 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, equities research 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. 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. This represents a $3.68 annualized dividend and a yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the 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 sale, the insider now directly owns 74,417 shares of the company’s stock, valued at $24,986,996.09. This represents a 4.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.22% of the company’s stock.

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.