Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lessened its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,265 shares of the company's stock after selling 1,404 shares during the quarter. Leeward Investments LLC MA's holdings in Willis Towers Watson Public were worth $13,608,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. McIlrath & Eck LLC purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter worth approximately $30,000. Crewe Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the first quarter worth approximately $32,000. GeoWealth Management LLC grew its holdings in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after acquiring an additional 56 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Willis Towers Watson Public during the fourth quarter worth $49,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in Willis Towers Watson Public during the first quarter worth $60,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock traded up $2.17 on Friday, hitting $306.63. The company's stock had a trading volume of 426,102 shares, compared to its average volume of 606,878. Willis Towers Watson Public Limited Company has a 52-week low of $255.19 and a 52-week high of $344.14. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.58. The firm has a fifty day moving average price of $306.12 and a 200-day moving average price of $317.01. The company has a market capitalization of $30.40 billion, a P/E ratio of -613.24, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate 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 business had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same quarter in the prior year, the firm earned $3.13 earnings per share. Willis Towers Watson Public's quarterly revenue was down 5.0% on a year-over-year basis. On average, equities research 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 Announces Dividend

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

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total value of $505,200.00. Following 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods cut 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 report on Monday, April 28th. Barclays increased their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company 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 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 dropped their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a research note on Friday, April 11th. One 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.