Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 1.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 244,669 shares of the company's stock after selling 3,983 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.25% of Willis Towers Watson Public worth $82,686,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. McIlrath & Eck LLC acquired a new stake in Willis Towers Watson Public during the 4th quarter worth about $30,000. Crewe Advisors LLC bought a new stake in Willis Towers Watson Public in the first quarter worth about $32,000. GeoWealth Management LLC lifted its stake 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 purchasing an additional 56 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $49,000. Finally, Park Square Financial Group LLC bought a new stake in Willis Towers Watson Public during the fourth quarter valued at $62,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW traded down $3.15 during trading hours on Wednesday, hitting $304.46. 1,421,284 shares of the company's stock traded hands, compared to its average volume of 605,951. The company's fifty day simple moving average is $306.55 and its two-hundred day simple moving average is $317.15. 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 Limited Company has a 52 week low of $255.19 and a 52 week high of $344.14. The company has a market cap of $30.19 billion, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 2.63 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 EPS for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The firm's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.13 earnings per share. As a group, equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's payout ratio is -736.00%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WTW. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Keefe, Bruyette & Woods dropped 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. Barclays raised their price target 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. Finally, Jefferies Financial Group decreased their price target on shares of 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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 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 sale, the chief financial officer owned 11,982 shares in the company, valued at approximately $3,783,316.50. This trade represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.32% of the stock is owned by corporate insiders.

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.