Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Sold by Diversified Trust Co

Diversified Trust Co reduced its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 48.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,980 shares of the company's stock after selling 2,807 shares during the quarter. Diversified Trust Co's holdings in Willis Towers Watson Public were worth $1,007,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC boosted its stake in shares of Willis Towers Watson Public by 1.8% during 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 in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Willis Towers Watson Public by 124.2% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,941 shares of the company's stock valued at $1,670,000 after acquiring an additional 2,737 shares in the last quarter. Ritholtz Wealth Management bought a new position in Willis Towers Watson Public in the 1st quarter valued at approximately $406,000. Sunriver Management LLC boosted its stake in Willis Towers Watson Public by 0.7% during the 4th quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock valued at $55,013,000 after purchasing an additional 1,223 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth $263,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Up 0.2%

Shares of NASDAQ WTW traded up $0.66 during midday trading on Monday, reaching $304.24. 48,063 shares of the company's stock traded hands, compared to its average volume of 596,487. The company has a market cap of $30.17 billion, a price-to-earnings ratio of -608.65, a P/E/G ratio of 2.60 and a beta of 0.70. The stock's 50 day simple moving average is $307.08 and its 200-day simple moving average is $317.25. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public Limited Company has a one year low of $255.19 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly 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). 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 negative net margin of 0.54% and a positive return on equity of 20.53%. The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $3.13 earnings per share. On average, analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio is currently -736.00%.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction dated Tuesday, June 3rd. The stock was 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 now owns 11,982 shares of the company's stock, valued at approximately $3,783,316.50. The trade was a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.32% of the stock is currently owned by insiders.

Analysts Set New Price Targets

WTW has been the subject of a number of analyst reports. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Barclays boosted their price objective 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. Keefe, Bruyette & Woods dropped their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, Jefferies Financial Group lowered 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price 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.