Nuveen Asset Management LLC lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 588,833 shares of the company's stock after selling 51,089 shares during the quarter. Nuveen Asset Management LLC owned 0.58% of Willis Towers Watson Public worth $184,446,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Willis Towers Watson Public by 5.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,868 shares of the company's stock worth $3,091,000 after buying an additional 498 shares in the last quarter. Lighthouse Investment Partners LLC acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at about $5,932,000. Janus Henderson Group PLC increased its position in shares of Willis Towers Watson Public by 6,286.4% during the fourth quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock worth $270,284,000 after acquiring an additional 849,358 shares during the last quarter. Game Creek Capital LP lifted its stake in shares of Willis Towers Watson Public by 6.0% in the fourth quarter. Game Creek Capital LP now owns 13,250 shares of the company's stock worth $4,150,000 after acquiring an additional 750 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Willis Towers Watson Public by 29.4% in the fourth quarter. Focus Partners Wealth now owns 1,972 shares of the company's stock valued at $621,000 after purchasing an additional 448 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.
Analyst Upgrades and Downgrades
WTW has been the topic of several analyst reports. Jefferies Financial Group dropped their price objective 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. Barclays lifted their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average target price of $351.55.
Check Out Our Latest Research Report on Willis Towers Watson Public
Willis Towers Watson Public Stock Performance
WTW stock traded up $0.35 during midday trading on Wednesday, reaching $313.09. The company had a trading volume of 201,479 shares, compared to its average volume of 581,383. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock has a 50 day moving average price of $318.85 and a 200 day moving average price of $319.36. The firm has a market capitalization of $31.04 billion, a PE ratio of -312.83, a P/E/G ratio of 2.95 and a beta of 0.73. Willis Towers Watson Public Limited has a fifty-two week low of $248.09 and a fifty-two week high of $344.14.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued 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). The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.13 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.
Willis Towers Watson Public Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.18%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -736.00%.
Insider Activity at Willis Towers Watson Public
In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The stock was 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 $24,986,996.09. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.32% of the stock is currently owned by insiders.
Willis Towers Watson Public Company Profile
(
Free Report)
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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