Willis Towers Watson Public Limited Company (NASDAQ:WTW) Stake Lowered by Intact Investment Management Inc.

Intact Investment Management Inc. lessened its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 64.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000 shares of the company's stock after selling 1,800 shares during the quarter. Intact Investment Management Inc.'s holdings in Willis Towers Watson Public were worth $338,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. McIlrath & Eck LLC acquired a new position in shares of Willis Towers Watson Public during the fourth quarter worth about $30,000. GeoWealth Management LLC lifted its stake in shares of Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after acquiring an additional 56 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $49,000. Park Square Financial Group LLC acquired a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $62,000. Finally, Versant Capital Management Inc lifted its stake in shares of Willis Towers Watson Public by 57.5% in the first quarter. Versant Capital Management Inc now owns 274 shares of the company's stock worth $93,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on WTW. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Keefe, Bruyette & Woods cut their price target on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Barclays boosted their price target 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. Finally, Jefferies Financial Group cut their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average price target of $356.30.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 11,982 shares of the company's stock, valued at approximately $3,783,316.50. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.32% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Up 1.6%

NASDAQ WTW traded up $4.69 on Monday, hitting $303.69. 410,682 shares of the stock traded hands, compared to its average volume of 593,234. The stock has a 50-day moving average of $308.81 and a 200 day moving average of $317.46. Willis Towers Watson Public Limited Company has a twelve month low of $255.19 and a twelve month high of $344.14. The company has a market capitalization of $30.11 billion, a P/E ratio of -607.37, a price-to-earnings-growth ratio of 2.55 and a beta of 0.70. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the company earned $3.13 EPS. The company's quarterly revenue was down 5.0% compared to the same quarter last year. As a group, analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal 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 paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.21%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's payout ratio is currently -736.00%.

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.