Willis Towers Watson Public Limited (NASDAQ:WTW) is Altrinsic Global Advisors LLC's 4th Largest Position

Altrinsic Global Advisors LLC lowered its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 512,093 shares of the company's stock after selling 46,605 shares during the period. Willis Towers Watson Public makes up about 7.8% of Altrinsic Global Advisors LLC's holdings, making the stock its 4th biggest position. Altrinsic Global Advisors LLC owned 0.51% of Willis Towers Watson Public worth $160,408,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. SkyView Investment Advisors LLC boosted its position in shares of Willis Towers Watson Public by 2.2% during the 3rd quarter. SkyView Investment Advisors LLC now owns 2,560 shares of the company's stock worth $754,000 after purchasing an additional 54 shares in the last quarter. World Investment Advisors LLC bought a new position in Willis Towers Watson Public in the third quarter worth approximately $39,999,000. Wilmington Savings Fund Society FSB acquired a new stake in Willis Towers Watson Public in the third quarter valued at approximately $630,000. Tidal Investments LLC increased its holdings in shares of Willis Towers Watson Public by 6.0% during the third quarter. Tidal Investments LLC now owns 10,282 shares of the company's stock valued at $3,028,000 after acquiring an additional 583 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Willis Towers Watson Public by 25.9% during the third quarter. Franklin Resources Inc. now owns 24,273 shares of the company's stock worth $7,103,000 after purchasing an additional 4,988 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Insider Activity

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction that occurred 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 transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.32% of the stock is owned by company insiders.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW traded down $1.82 during mid-day trading on Monday, reaching $300.37. The company had a trading volume of 290,867 shares, compared to its average volume of 571,211. The company's 50-day moving average price is $326.46 and its 200-day moving average price is $317.71. Willis Towers Watson Public Limited has a one year low of $248.09 and a one year high of $344.14. The firm has a market cap of $29.94 billion, a price-to-earnings ratio of -300.64, a PEG ratio of 2.95 and a beta of 0.68. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

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

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.23%. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date was Monday, March 31st. Willis Towers Watson Public's dividend payout ratio is presently -736.00%.

Analyst Ratings Changes

A number of brokerages have commented on WTW. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Wells Fargo & Company lowered their target price on shares of 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. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price target for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $387.00 price objective on shares of Willis Towers Watson Public in a research note on Wednesday, April 9th. Finally, Barclays lifted their target price on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $350.00.

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.