Altrinsic Global Advisors LLC Has $167.83 Million Holdings in Willis Towers Watson Public Limited Company $WTW

Key Points

• Altrinsic Global Advisors LLC reduced its stake in Willis Towers Watson by 3.0%, holding 496,601 shares worth approximately $167.8 million after the sale.
• Willis Towers Watson's stock price has a 52-week range between $282.00 and $344.14, with the current price around $336.46.
• After recently released earnings, the company reported $2.86 earnings per share, surpassing analysts' expectations of $2.65, while revenue showed a 0.2% decline year-over-year.

Altrinsic Global Advisors LLC reduced its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 496,601 shares of the company's stock after selling 15,492 shares during the quarter. Willis Towers Watson Public comprises about 8.3% of Altrinsic Global Advisors LLC's investment portfolio, making the stock its 4th largest holding. Altrinsic Global Advisors LLC owned 0.50% of Willis Towers Watson Public worth $167,826,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new stake in shares of Willis Towers Watson Public during the 1st quarter worth about $25,000. Cornerstone Planning Group LLC increased its stake in shares of Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock valued at $28,000 after acquiring an additional 75 shares during the period. McIlrath & Eck LLC bought a new stake in Willis Towers Watson Public during the fourth quarter worth approximately $30,000. Crewe Advisors LLC acquired a new stake in Willis Towers Watson Public in the first quarter worth approximately $32,000. Finally, Larson Financial Group LLC boosted its stake in Willis Towers Watson Public by 122.9% during the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company's stock valued at $36,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Down 1.0%

Shares of WTW stock traded down $3.23 on Thursday, reaching $326.84. 562,284 shares of the company's stock traded hands, compared to its average volume of 636,131. The company has a market capitalization of $31.88 billion, a P/E ratio of 223.86, a price-to-earnings-growth ratio of 2.63 and a beta of 0.67. Willis Towers Watson Public Limited Company has a 12-month low of $283.29 and a 12-month high of $344.14. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90. The business's 50 day moving average price is $315.69 and its two-hundred day moving average price is $317.24.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the prior year, the company earned $2.55 EPS. The firm's quarterly revenue was down .2% on a year-over-year basis. On average, equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Insider Buying and Selling at Willis Towers Watson Public

In related news, CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer directly owned 11,982 shares in the company, valued at approximately $3,783,316.50. This trade 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 accessible through the SEC website. Company insiders own 0.32% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on WTW shares. Morgan Stanley upped their price objective on Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a report on Monday, August 18th. Citigroup began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a "neutral" rating and a $351.00 price target on the stock. Barclays reduced 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. Wells Fargo & Company lowered their price objective 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, July 10th. Finally, Cantor Fitzgerald assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They set a "neutral" rating and a $355.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $362.92.

About Willis Towers Watson Public

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.