Nuveen Asset Management LLC Sells 51,089 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Nuveen Asset Management LLC cut its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 588,833 shares of the company's stock after selling 51,089 shares during the period. Nuveen Asset Management LLC owned approximately 0.58% of Willis Towers Watson Public worth $184,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wedmont Private Capital grew its position in shares of Willis Towers Watson Public by 16.4% in the 4th quarter. Wedmont Private Capital now owns 942 shares of the company's stock valued at $295,000 after acquiring an additional 133 shares during the period. Assenagon Asset Management S.A. raised its stake in Willis Towers Watson Public by 12.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 3,672 shares of the company's stock valued at $1,150,000 after buying an additional 400 shares during the period. Park Avenue Securities LLC lifted its position in shares of Willis Towers Watson Public by 15.0% in the fourth quarter. Park Avenue Securities LLC now owns 6,273 shares of the company's stock valued at $1,965,000 after buying an additional 817 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $76,000. Finally, Sendero Wealth Management LLC increased its holdings in shares of Willis Towers Watson Public by 4.5% during the 4th quarter. Sendero Wealth Management LLC now owns 17,549 shares of the company's stock worth $5,497,000 after acquiring an additional 762 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Keefe, Bruyette & Woods reduced their target price on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Jefferies Financial Group reduced their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Barclays boosted 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. Finally, UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their target price for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average target price of $351.55.

Insider Activity at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm'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 completion of the sale, the insider now owns 74,417 shares of the company's stock, valued at $24,986,996.09. This trade represents a 4.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.32% of the stock is owned by company insiders.

Willis Towers Watson Public Trading Up 0.6%

Shares of NASDAQ WTW traded up $1.99 during trading on Monday, reaching $313.92. The company had a trading volume of 333,562 shares, compared to its average volume of 582,580. The stock has a market cap of $31.13 billion, a P/E ratio of -313.92, a PEG ratio of 2.95 and a beta of 0.73. The company's fifty day moving average price is $319.12 and its 200-day moving average price is $319.31. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 12 month low of $248.09 and a 12 month high of $344.14.

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

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's dividend payout ratio is presently -736.00%.

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.