USS Investment Management Ltd Sells 3,341 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

USS Investment Management Ltd reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 17.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,125 shares of the company’s stock after selling 3,341 shares during the period. USS Investment Management Ltd’s holdings in Willis Towers Watson Public were worth $5,050,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. GeoWealth Management LLC boosted its stake in shares of Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after buying an additional 56 shares during the period. Y.D. More Investments Ltd boosted its stake in shares of 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 buying an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $49,000. Golden State Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $72,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Willis Towers Watson Public by 36.7% in the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company’s stock valued at $102,000 after buying an additional 87 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Down 0.9%

Shares of WTW opened at $308.07 on Friday. Willis Towers Watson Public Limited has a 52 week low of $248.09 and a 52 week high of $344.14. The stock has a market capitalization of $30.55 billion, a price-to-earnings ratio of -308.07, a PEG ratio of 2.95 and a beta of 0.73. 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 stock has a fifty day moving average of $318.16 and a 200-day moving average of $319.34.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the company posted $3.13 earnings per share. The firm’s revenue was down 5.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.19%. Willis Towers Watson Public’s payout ratio is -736.00%.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction on 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 directly owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.32% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WTW has been the subject of several recent analyst reports. Jefferies Financial Group cut their target price on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Keefe, Bruyette & Woods cut their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. Barclays upped their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research note on Friday, April 11th. Finally, UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their target price for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $356.30.

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.