Financiere des Professionnels Fonds d investissement inc. Lowers Holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Financiere des Professionnels Fonds d investissement inc. decreased its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 4.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,081 shares of the company's stock after selling 958 shares during the period. Financiere des Professionnels Fonds d investissement inc.'s holdings in Willis Towers Watson Public were worth $7,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its stake in shares of Willis Towers Watson Public by 1.8% in the first quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock worth $682,000 after buying an additional 35 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in 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 worth $1,670,000 after buying an additional 2,737 shares in the last quarter. Bessemer Group Inc. lifted its position in Willis Towers Watson Public by 35.6% during the first quarter. Bessemer Group Inc. now owns 1,208 shares of the company's stock worth $408,000 after buying an additional 317 shares in the last quarter. Ritholtz Wealth Management purchased a new position in Willis Towers Watson Public during the first quarter worth approximately $406,000. Finally, Sunriver Management LLC lifted its position in Willis Towers Watson Public by 0.7% during the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock worth $55,013,000 after buying an additional 1,223 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Insider Activity at Willis Towers Watson Public

In related news, CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total value of $505,200.00. Following the transaction, the chief financial officer directly owned 11,982 shares of the company's stock, valued at $3,783,316.50. This trade represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.32% of the company's stock.

Willis Towers Watson Public Stock Up 0.7%

NASDAQ WTW traded up $2.17 during trading hours on Friday, hitting $306.63. 426,102 shares of the company were exchanged, compared to its average volume of 607,815. The company has a 50 day moving average of $306.21 and a two-hundred day moving average of $317.05. 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 52-week low of $255.19 and a 52-week high of $344.14. The firm has a market cap of $30.40 billion, a price-to-earnings ratio of -613.24, a PEG ratio of 2.62 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing analysts' consensus estimates 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 firm 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 company posted $3.13 earnings per share. The firm's quarterly revenue was down 5.0% on a year-over-year basis. Equities research analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.20%. Willis Towers Watson Public's payout ratio is currently -736.00%.

Analyst Upgrades and Downgrades

WTW has been the topic of several analyst reports. Barclays lifted their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their target price for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. 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 on the stock in a research report on Friday, April 11th. Finally, 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 on the stock in a research report on Monday, April 28th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average price target of $356.30.

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.