Wealthfront Advisers LLC Sells 914 Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Wealthfront Advisers LLC cut its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 6.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,869 shares of the company's stock after selling 914 shares during the quarter. Wealthfront Advisers LLC's holdings in Willis Towers Watson Public were worth $4,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of WTW. Dynamic Advisor Solutions LLC grew its holdings in Willis Towers Watson Public by 1.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock valued at $682,000 after buying an additional 35 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Willis Towers Watson Public by 35.6% in the first quarter. Bessemer Group Inc. now owns 1,208 shares of the company's stock valued at $408,000 after acquiring an additional 317 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Willis Towers Watson Public by 124.2% in the first quarter. Oppenheimer Asset Management Inc. now owns 4,941 shares of the company's stock valued at $1,670,000 after buying an additional 2,737 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in Willis Towers Watson Public in the 1st quarter valued at $406,000. Finally, Sunriver Management LLC lifted its stake in shares of Willis Towers Watson Public by 0.7% in the 4th quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock valued at $55,013,000 after purchasing an additional 1,223 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $306.69 on Friday. The firm has a market capitalization of $30.41 billion, a PE ratio of -613.37, a P/E/G ratio of 2.59 and a beta of 0.68. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.89 and a quick ratio of 1.89. Willis Towers Watson Public Limited Company has a 1-year low of $262.57 and a 1-year high of $344.14. The business's fifty day moving average price is $306.20 and its two-hundred day moving average price is $316.53.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 negative net margin of 0.54% and a positive return on equity of 20.53%. The business's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.13 earnings per share. On average, research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a $0.92 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.20%. Willis Towers Watson Public's payout ratio is -736.00%.

Wall Street Analyst Weigh In

WTW has been the subject of several recent analyst reports. Barclays reduced their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a report on Monday, July 7th. Keefe, Bruyette & Woods lowered 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. Wells Fargo & Company reduced their target price on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a report on Thursday, July 10th. Finally, Jefferies Financial Group reduced their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. One investment 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 stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $367.11.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the business's stock in a transaction 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 sale, the chief financial officer directly owned 11,982 shares in the company, valued at $3,783,316.50. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.32% of the stock is 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.

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