Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Olstein Capital Management L.P.

Olstein Capital Management L.P. trimmed its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 18.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,500 shares of the company's stock after selling 6,000 shares during the period. Olstein Capital Management L.P.'s holdings in Willis Towers Watson Public were worth $6,392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Schechter Investment Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $502,000. Deutsche Bank AG boosted its position in shares of Willis Towers Watson Public by 7.7% during the third quarter. Deutsche Bank AG now owns 259,505 shares of the company's stock valued at $54,226,000 after purchasing an additional 18,657 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Willis Towers Watson Public by 1,736.9% during the fourth quarter. SG Americas Securities LLC now owns 56,465 shares of the company's stock valued at $13,619,000 after purchasing an additional 53,391 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Willis Towers Watson Public by 1.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company's stock valued at $2,078,484,000 after purchasing an additional 98,719 shares in the last quarter. Finally, Seed Wealth Management Inc. bought a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $204,000. 93.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the business's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the sale, the chief financial officer now directly owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.25% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock traded down $3.55 on Monday, hitting $267.39. 386,311 shares of the company's stock were exchanged, compared to its average volume of 461,449. The stock has a market capitalization of $27.34 billion, a PE ratio of 27.04, a PEG ratio of 1.54 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $195.29 and a 1 year high of $278.86. The company has a 50-day simple moving average of $270.42 and a 200-day simple moving average of $246.28. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating the consensus estimate of $7.05 by $0.39. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The company's revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $6.33 EPS. As a group, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.24 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be issued a $0.88 dividend. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, March 27th. Willis Towers Watson Public's payout ratio is currently 35.13%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on WTW shares. Stifel Nicolaus lifted their price target on Willis Towers Watson Public from $236.00 to $268.00 and gave the company a "hold" rating in a research report on Wednesday, February 7th. TD Cowen initiated coverage on Willis Towers Watson Public in a research note on Wednesday, January 10th. They set an "outperform" rating and a $316.00 price objective for the company. Roth Mkm lifted their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $288.00 to $320.00 and gave the company an "overweight" rating in a research note on Wednesday, February 7th. Finally, Citigroup upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $236.00 to $315.00 in a research note on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $288.54.

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.