Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 9.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,582 shares of the company's stock after selling 7,777 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Willis Towers Watson Public worth $24,867,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC increased its holdings in shares of Willis Towers Watson Public by 52.4% during the 4th quarter. FMR LLC now owns 3,682,939 shares of the company's stock worth $1,153,644,000 after buying an additional 1,266,484 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Willis Towers Watson Public by 77.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock worth $873,483,000 after acquiring an additional 1,217,714 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Willis Towers Watson Public by 14.7% in the 4th quarter. Invesco Ltd. now owns 2,228,497 shares of the company's stock worth $698,055,000 after purchasing an additional 285,497 shares during the period. Baupost Group LLC MA lifted its stake in shares of Willis Towers Watson Public by 3.1% in the 4th quarter. Baupost Group LLC MA now owns 1,836,748 shares of the company's stock valued at $575,343,000 after purchasing an additional 55,542 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $484,210,000. 93.09% of the stock is owned by institutional investors and hedge funds.
Willis Towers Watson Public Stock Up 1.4%
Willis Towers Watson Public stock traded up $4.38 during midday trading on Friday, hitting $313.11. 445,664 shares of the stock were exchanged, compared to its average volume of 718,190. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.89 and a quick ratio of 1.89. The company has a 50 day moving average price of $306.32 and a two-hundred day moving average price of $316.49. The firm has a market cap of $31.04 billion, a P/E ratio of -626.21, a P/E/G ratio of 2.64 and a beta of 0.68. Willis Towers Watson Public Limited Company has a 1 year low of $271.01 and a 1 year high of $344.14.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to analyst estimates 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 company's revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $3.13 EPS. On average, sell-side analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Monday, June 30th. Willis Towers Watson Public's payout ratio is currently -736.00%.
Wall Street Analyst Weigh In
Several research firms recently commented on WTW. Jefferies Financial Group cut 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 report on Friday, April 11th. Wells Fargo & Company dropped their price objective on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research report on Thursday, July 10th. Barclays decreased their price target on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research report on Monday, July 7th. Finally, Keefe, Bruyette & Woods cut their price objective 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, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and an average price target of $367.11.
View Our Latest Research Report on Willis Towers Watson Public
Insider Transactions at Willis Towers Watson Public
In other news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction that occurred 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 completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.32% of the stock is owned by insiders.
About Willis Towers Watson Public
(
Free Report)
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.
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