SG Americas Securities LLC Sells 35,774 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

SG Americas Securities LLC lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 79.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,057 shares of the company's stock after selling 35,774 shares during the quarter. SG Americas Securities LLC's holdings in Willis Towers Watson Public were worth $3,061,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. McIlrath & Eck LLC acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth about $30,000. GeoWealth Management LLC lifted its position in shares of Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after purchasing an additional 56 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Willis Towers Watson Public in the 4th quarter valued at approximately $49,000. Park Square Financial Group LLC acquired a new position in Willis Towers Watson Public in the 4th quarter valued at approximately $62,000. Finally, Versant Capital Management Inc raised its holdings in Willis Towers Watson Public by 57.5% in the 1st quarter. Versant Capital Management Inc now owns 274 shares of the company's stock valued at $93,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Up 0.4%

WTW traded up $1.08 during mid-day trading on Monday, reaching $297.41. The stock had a trading volume of 196,708 shares, compared to its average volume of 591,340. The stock has a market capitalization of $29.49 billion, a P/E ratio of -296.87, a P/E/G ratio of 2.95 and a beta of 0.70. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The firm's fifty day simple moving average is $310.90 and its two-hundred day simple moving average is $318.60. Willis Towers Watson Public Limited has a 52 week low of $254.44 and a 52 week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued 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). The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the business posted $3.13 EPS. On average, equities analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed 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. This represents a $3.68 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's payout ratio is presently -736.00%.

Wall Street Analyst Weigh In

WTW has been the subject of several recent research reports. Barclays upped their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a report on Friday, April 11th. Jefferies Financial Group lowered their price objective 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. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods decreased 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 report on Monday, April 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and a consensus price target of $356.30.

Insider Buying and Selling

In related news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction dated 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 owns 11,982 shares in the company, valued at approximately $3,783,316.50. This trade represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.32% of the stock is currently owned by company 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.