Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. cut its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 12.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,055 shares of the company's stock after selling 978 shares during the quarter. QRG Capital Management Inc.'s holdings in Willis Towers Watson Public were worth $2,384,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Willis Towers Watson Public during the 4th quarter valued at about $484,210,000. FMR LLC increased its holdings in Willis Towers Watson Public by 52.4% in the 4th quarter. FMR LLC now owns 3,682,939 shares of the company's stock worth $1,153,644,000 after acquiring an additional 1,266,484 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Willis Towers Watson Public by 77.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock valued at $873,483,000 after purchasing an additional 1,217,714 shares during the period. GAMMA Investing LLC raised its holdings in Willis Towers Watson Public by 40,489.4% during the first quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock valued at $340,461,000 after acquiring an additional 1,004,947 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Willis Towers Watson Public by 6,676.1% in the 4th quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock worth $309,616,000 after purchasing an additional 973,843 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $4.69 during trading hours on Monday, reaching $303.69. The company had a trading volume of 410,682 shares, compared to its average volume of 593,234. Willis Towers Watson Public Limited Company has a 12-month low of $255.19 and a 12-month high of $344.14. The company has a market capitalization of $30.11 billion, a price-to-earnings ratio of -607.37, a PEG ratio of 2.55 and a beta of 0.70. The stock has a fifty day moving average of $309.29 and a 200-day moving average of $317.59. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued 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 company had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.29 billion. The firm's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.13 earnings per share. On average, equities 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.21%. Willis Towers Watson Public's payout ratio is -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 the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following 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 trade represents a 11.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on WTW. Keefe, Bruyette & Woods decreased their target price on 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. Barclays boosted their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. 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. Finally, UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock 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.