California State Teachers Retirement System Sells 5,865 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

California State Teachers Retirement System decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 164,461 shares of the company's stock after selling 5,865 shares during the quarter. California State Teachers Retirement System owned about 0.16% of Willis Towers Watson Public worth $51,516,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC increased its stake in shares of Willis Towers Watson Public by 2.7% in the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock valued at $1,364,000 after acquiring an additional 109 shares in the last quarter. Sunriver Management LLC increased its stake in shares of Willis Towers Watson Public by 0.7% in the 4th quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock valued at $55,013,000 after acquiring an additional 1,223 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at $263,000. Longboard Asset Management LP bought a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at $245,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of Willis Towers Watson Public by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,487 shares of the company's stock valued at $779,000 after acquiring an additional 70 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Analysts Set New Price Targets

WTW has been the subject of several research analyst reports. Barclays lifted their price objective on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods reduced their price target on shares of 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. UBS Group raised shares of 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 report on Tuesday, March 18th. Finally, Jefferies Financial Group reduced their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $356.30.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.32% of the company's stock.

Willis Towers Watson Public Stock Up 1.4%

NASDAQ WTW traded up $4.27 during mid-day trading on Thursday, hitting $315.28. The company's stock had a trading volume of 412,363 shares, compared to its average volume of 586,853. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $31.26 billion, a price-to-earnings ratio of -315.28, a PEG ratio of 2.95 and a beta of 0.73. The company's 50 day simple moving average is $315.83 and its 200 day simple moving average is $319.23. Willis Towers Watson Public Limited has a twelve month low of $248.57 and a twelve month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public's revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.13 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio is -736.00%.

About Willis Towers Watson Public

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.