Caitlin John LLC Reduces Stock Position in Willis Towers Watson Public Limited Company $WTW

Key Points

• Caitlin John LLC has reduced its holdings in Willis Towers Watson by 66.7%, now owning 1,977 shares valued at approximately $668,000.
• Willis Towers Watson reported earnings of $2.86 EPS for the previous quarter, surpassing expectations of $2.65 EPS, with total revenue of $2.26 billion.
• Analyst ratings for the stock reveal a consensus of “Moderate Buy” with an average price target of $362.92, influenced by recent adjustments from major firms such as Wells Fargo and Barclays.

Caitlin John LLC lessened its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 66.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,977 shares of the company's stock after selling 3,964 shares during the period. Caitlin John LLC's holdings in Willis Towers Watson Public were worth $668,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of WTW. Wayfinding Financial LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth approximately $25,000. Cornerstone Planning Group LLC raised its holdings in shares of Willis Towers Watson Public by 750.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock worth $28,000 after purchasing an additional 75 shares during the period. McIlrath & Eck LLC bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth approximately $30,000. Crewe Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth approximately $32,000. Finally, GeoWealth Management LLC raised its holdings in shares of Willis Towers Watson Public by 94.9% in the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after purchasing an additional 56 shares during the period. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

NASDAQ:WTW traded down $2.81 during midday trading on Thursday, hitting $327.27. The company had a trading volume of 182,291 shares, compared to its average volume of 644,325. Willis Towers Watson Public Limited Company has a 52-week low of $283.29 and a 52-week high of $344.14. The stock's fifty day moving average price is $315.10 and its 200-day moving average price is $317.22. The company has a market capitalization of $31.92 billion, a PE ratio of 224.16, a P/E/G ratio of 2.66 and a beta of 0.67. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period in the previous year, the business earned $2.55 earnings per share. The firm's quarterly revenue was down .2% compared to the same quarter last year. As a group, research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer directly owned 11,982 shares in the company, valued at $3,783,316.50. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WTW has been the topic of a number of research reports. Barclays lowered their price target on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a report on Monday, July 7th. Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a report on Thursday, July 10th. Morgan Stanley boosted their target price on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a report on Monday, August 18th. Citigroup began coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They set a "neutral" rating and a $351.00 target price on the stock. Finally, Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They set a "neutral" rating and a $355.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $362.92.

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.