Willis Towers Watson Public Limited Company (NASDAQ:WTW) Position Cut by New South Capital Management Inc.

New South Capital Management Inc. decreased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 5.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 109,259 shares of the company's stock after selling 5,717 shares during the period. Willis Towers Watson Public makes up about 1.8% of New South Capital Management Inc.'s investment portfolio, making the stock its 22nd largest position. New South Capital Management Inc. owned 0.11% of Willis Towers Watson Public worth $36,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTW. McIlrath & Eck LLC acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at about $30,000. Crewe Advisors LLC purchased a new position in Willis Towers Watson Public in the 1st quarter worth approximately $32,000. GeoWealth Management LLC grew its position in Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after acquiring an additional 56 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $49,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth $60,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Up 0.7%

NASDAQ WTW traded up $2.17 on Friday, hitting $306.63. 426,102 shares of the stock traded hands, compared to its average volume of 607,815. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average of $306.21 and a 200 day moving average of $317.05. 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 $30.40 billion, a P/E ratio of -613.24, a price-to-earnings-growth ratio of 2.62 and a beta of 0.68.

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). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.53% and a negative net margin of 0.54%. The business's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $3.13 earnings per share. 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 Announces Dividend

The firm also recently declared 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. This represents a $3.68 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WTW. Jefferies Financial Group lowered 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 report on Friday, April 11th. Barclays raised their target price on 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 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, UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus price target of $356.30.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the firm's stock in a transaction dated 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 owned 11,982 shares of the company's stock, valued at $3,783,316.50. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.32% of the stock is currently owned by corporate insiders.

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.