Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 9.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,201 shares of the company's stock after selling 9,757 shares during the quarter. Envestnet Asset Management Inc. owned 0.10% of Willis Towers Watson Public worth $32,849,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $25,000. Crewe Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $32,000. McIlrath & Eck LLC acquired a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at about $30,000. GeoWealth Management LLC raised its stake in shares of Willis Towers Watson Public by 94.9% in the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after purchasing an additional 56 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $60,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WTW. Jefferies Financial Group cut their target price 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. Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research note on Thursday. 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 on the stock in a research note on Monday, April 28th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Barclays lowered their price objective 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. One investment analyst has rated the stock with a sell rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus price target of $367.11.

Insider Buying and Selling

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The shares were 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 of the company's stock, valued at approximately $3,783,316.50. This represents a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.32% of the company's stock.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $307.32 on Monday. Willis Towers Watson Public Limited Company has a 52 week low of $261.63 and a 52 week high of $344.14. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. The stock has a market cap of $30.47 billion, a price-to-earnings ratio of -614.63, a price-to-earnings-growth ratio of 2.62 and a beta of 0.68. The company has a 50-day moving average price of $306.29 and a two-hundred day moving average price of $316.77.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its 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). Willis Towers Watson Public had a positive return on equity of 20.53% and a negative net margin of 0.54%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the company posted $3.13 EPS. Willis Towers Watson Public's revenue for the quarter was down 5.0% on a year-over-year basis. Analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.20%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is -736.00%.

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.

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