OMERS ADMINISTRATION Corp Trims Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

OMERS ADMINISTRATION Corp lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 18.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,301 shares of the company's stock after selling 979 shares during the period. OMERS ADMINISTRATION Corp's holdings in Willis Towers Watson Public were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. GeoWealth Management LLC increased its position in Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock worth $36,000 after purchasing an additional 56 shares during the last quarter. Y.D. More Investments Ltd increased its holdings in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after buying an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at about $49,000. Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Willis Towers Watson Public in the fourth quarter worth about $76,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Trading Down 1.0%

WTW stock traded down $3.26 during mid-day trading on Thursday, reaching $307.57. The company had a trading volume of 86,433 shares, compared to its average volume of 581,525. 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 company has a market capitalization of $30.50 billion, a PE ratio of -307.49, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. The firm has a 50 day moving average of $318.57 and a 200 day moving average of $319.30. 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 posted its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). The firm 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 period in the previous year, the company posted $3.13 EPS. On average, equities analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.20%. Willis Towers Watson Public's payout ratio is presently -736.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WTW. Keefe, Bruyette & Woods lowered their price objective on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. 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 research report on Friday, April 11th. Finally, Jefferies Financial Group lowered 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 report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $351.55.

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 dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

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.