Mn Services Vermogensbeheer B.V. Sells 2,900 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Mn Services Vermogensbeheer B.V. decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 7.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,362 shares of the company's stock after selling 2,900 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Willis Towers Watson Public were worth $12,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of WTW. Norges Bank acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter worth about $484,210,000. FMR LLC lifted its position in shares of Willis Towers Watson Public by 52.4% in the fourth 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. lifted its position in shares of Willis Towers Watson Public by 77.5% in 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 buying an additional 1,217,714 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Willis Towers Watson Public by 40,489.4% in the first quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock worth $340,461,000 after buying an additional 1,004,947 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Willis Towers Watson Public by 6,676.1% in the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock worth $309,616,000 after buying an additional 973,843 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of analyst reports. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Barclays upped their price objective on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods reduced their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Jefferies Financial Group reduced their target price on 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and a consensus target price of $356.30.

Willis Towers Watson Public Trading Up 0.5%

Shares of WTW stock traded up $1.50 during trading hours on Monday, reaching $297.83. The company had a trading volume of 821,076 shares, compared to its average volume of 593,761. The company has a 50 day moving average of $310.90 and a 200 day moving average of $318.60. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The firm has a market cap of $29.53 billion, a price-to-earnings ratio of -297.83, a P/E/G ratio of 2.95 and a beta of 0.70. Willis Towers Watson Public Limited has a 1-year low of $254.44 and a 1-year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the company earned $3.13 EPS. Willis Towers Watson Public's quarterly revenue was down 5.0% on a year-over-year basis. On average, equities research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

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 issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.

Insiders Place Their Bets

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 transaction of $505,200.00. Following the completion of the transaction, the chief financial officer now owns 11,982 shares in the company, valued at approximately $3,783,316.50. This represents a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.32% of the company's stock.

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.