Mayflower Financial Advisors LLC Decreases Stock Holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Mayflower Financial Advisors LLC lowered its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 5.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,076 shares of the company’s stock after selling 60 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Willis Towers Watson Public were worth $364,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of WTW. Dynamic Advisor Solutions LLC lifted its stake in shares of Willis Towers Watson Public by 1.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company’s stock valued at $682,000 after purchasing an additional 35 shares during the period. Bessemer Group Inc. boosted its position in shares of Willis Towers Watson Public by 35.6% during the 1st quarter. Bessemer Group Inc. now owns 1,208 shares of the company’s stock worth $408,000 after purchasing an additional 317 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Willis Towers Watson Public by 124.2% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,941 shares of the company’s stock valued at $1,670,000 after purchasing an additional 2,737 shares during the last quarter. Ritholtz Wealth Management purchased a new stake in shares of Willis Towers Watson Public during the 1st quarter worth about $406,000. Finally, Sunriver Management LLC boosted its holdings in Willis Towers Watson Public by 0.7% in the 4th quarter. Sunriver Management LLC now owns 175,627 shares of the company’s stock worth $55,013,000 after acquiring an additional 1,223 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 0.3%

NASDAQ WTW opened at $306.69 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89. The stock has a market capitalization of $30.41 billion, a price-to-earnings ratio of -613.37, a PEG ratio of 2.59 and a beta of 0.68. Willis Towers Watson Public Limited Company has a 52 week low of $262.57 and a 52 week high of $344.14. The stock’s 50 day moving average price is $306.20 and its two-hundred day moving average price is $316.53.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.53% and a negative net margin of 0.54%. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the firm earned $3.13 earnings per share. Willis Towers Watson Public’s quarterly revenue was down 5.0% compared to the same quarter last year. As a group, analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.92 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.20%. Willis Towers Watson Public’s dividend payout ratio (DPR) is -736.00%.

Insiders Place Their Bets

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the sale, the chief financial officer owned 11,982 shares in the company, valued at $3,783,316.50. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WTW. Jefferies Financial Group decreased their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research report on Friday, April 11th. Wells Fargo & Company decreased their price objective on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating for the company in a report on Thursday, July 10th. Barclays lowered their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating on the stock in a research note on Monday, July 7th. Finally, Keefe, Bruyette & Woods decreased 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 report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $367.11.

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.