Wealthfront Advisers LLC Reduces Stock Position in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Wealthfront Advisers LLC trimmed its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 6.6% during the first quarter, according to 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 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WTW. Brighton Jones LLC lifted its stake in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company's stock worth $429,000 after purchasing an additional 61 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Willis Towers Watson Public by 8.8% during the 4th quarter. Proficio Capital Partners LLC now owns 1,463 shares of the company's stock valued at $458,000 after purchasing an additional 118 shares in the last quarter. HighTower Advisors LLC increased its position in Willis Towers Watson Public by 1.6% during the 4th quarter. HighTower Advisors LLC now owns 11,187 shares of the company's stock valued at $3,504,000 after buying an additional 175 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Willis Towers Watson Public by 36.7% in the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company's stock worth $102,000 after buying an additional 87 shares during the last quarter. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $225,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company dropped their target price 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. 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 on the stock in a report on Friday, April 11th. Barclays reduced 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 target price on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $367.11.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 11,982 shares in the company, valued at $3,783,316.50. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW traded down $5.56 during trading on Monday, reaching $302.72. The stock had a trading volume of 676,862 shares, compared to its average volume of 622,533. The stock has a market cap of $30.01 billion, a PE ratio of -605.43, a P/E/G ratio of 2.60 and a beta of 0.68. The firm's 50 day moving average price is $306.18 and its two-hundred day moving average price is $316.57. 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 one year low of $262.62 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share 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 analysts' expectations 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 firm's revenue for the quarter was down 5.0% on a year-over-year basis. During the same period last year, the business earned $3.13 earnings per share. On average, research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.92 per share. The ex-dividend date was Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.22%. Willis Towers Watson Public's payout ratio is currently -736.00%.

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.