Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 26.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,254 shares of the company's stock after selling 38,142 shares during the period. Hsbc Holdings PLC owned approximately 0.11% of Willis Towers Watson Public worth $33,114,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WTW. Norges Bank bought a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $484,210,000. FMR LLC increased its position in shares of Willis Towers Watson Public by 52.4% during the fourth quarter. FMR LLC now owns 3,682,939 shares of the company's stock valued at $1,153,644,000 after buying an additional 1,266,484 shares during the period. Wellington Management Group LLP increased its position in shares of Willis Towers Watson Public by 6,676.1% during the fourth quarter. Wellington Management Group LLP now owns 988,430 shares of the company's stock valued at $309,616,000 after buying an additional 973,843 shares during the period. Proficio Capital Partners LLC increased its position in shares of Willis Towers Watson Public by 33,979.6% during the fourth quarter. Proficio Capital Partners LLC now owns 458,370 shares of the company's stock valued at $143,580,000 after buying an additional 457,025 shares during the period. Finally, Invesco Ltd. grew its holdings in Willis Towers Watson Public by 14.7% in the fourth quarter. Invesco Ltd. now owns 2,228,497 shares of the company's stock worth $698,055,000 after purchasing an additional 285,497 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the sale, the insider now owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.32% of the stock is owned by insiders.

Willis Towers Watson Public Trading Down 0.1 %

Shares of WTW stock traded down $0.32 on Thursday, reaching $307.48. 164,912 shares of the company's stock were exchanged, compared to its average volume of 648,201. The stock has a market capitalization of $30.49 billion, a PE ratio of -307.42, a P/E/G ratio of 2.95 and a beta of 0.68. Willis Towers Watson Public Limited has a 52 week low of $248.09 and a 52 week high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The company's fifty day simple moving average is $325.20 and its 200 day simple moving average is $317.62.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (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 20.02% and a negative net margin of 0.99%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the company earned $3.13 EPS. The firm's revenue for the quarter was down 5.0% compared to the same quarter last year. As a group, analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.20%. The ex-dividend date was Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is -736.00%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods dropped 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. Jefferies Financial Group lowered their price objective on shares of 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. UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price objective for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Wells Fargo & Company lowered their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. Finally, Barclays increased their price objective on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an "underweight" rating in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and an average price target of $351.55.

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.