Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Prana Capital Management LP

Prana Capital Management LP lowered its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 65.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 158,598 shares of the company's stock after selling 296,873 shares during the period. Willis Towers Watson Public makes up approximately 2.4% of Prana Capital Management LP's investment portfolio, making the stock its 13th largest holding. Prana Capital Management LP owned 0.16% of Willis Towers Watson Public worth $49,679,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of WTW. MassMutual Private Wealth & Trust FSB grew its holdings in Willis Towers Watson Public by 12.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock worth $106,000 after acquiring an additional 38 shares during the period. Forum Financial Management LP boosted its position in Willis Towers Watson Public by 3.8% in the 4th quarter. Forum Financial Management LP now owns 1,197 shares of the company's stock worth $375,000 after purchasing an additional 44 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Willis Towers Watson Public by 2.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,013 shares of the company's stock worth $631,000 after purchasing an additional 47 shares during the period. UMB Bank n.a. increased its holdings in shares of Willis Towers Watson Public by 10.4% during the 4th quarter. UMB Bank n.a. now owns 520 shares of the company's stock valued at $163,000 after purchasing an additional 49 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Willis Towers Watson Public by 4.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company's stock valued at $350,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

Shares of WTW traded down $1.15 during mid-day trading on Tuesday, hitting $312.78. 152,391 shares of the company were exchanged, compared to its average volume of 580,884. The stock has a market cap of $31.01 billion, a price-to-earnings ratio of -312.96, a price-to-earnings-growth ratio of 2.95 and a beta of 0.73. Willis Towers Watson Public Limited has a 1-year low of $248.09 and a 1-year high of $344.14. The company has a 50 day moving average of $318.97 and a 200-day moving average of $319.41. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

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 analysts' consensus estimates of $3.27 by ($0.14). The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates 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%. Willis Towers Watson Public's revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.13 EPS. Analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 yield of 1.18%. Willis Towers Watson Public's payout ratio is currently -736.00%.

Analyst Ratings Changes

WTW has been the topic of a number of recent analyst reports. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Keefe, Bruyette & Woods lowered 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. Jefferies Financial Group dropped their target price on 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. Finally, Barclays upped their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating 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 assigned a strong buy rating to the stock. According to MarketBeat, Willis Towers Watson Public has an average rating of "Moderate Buy" and an average target price of $351.55.

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 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 value of $1,136,245.68. Following the transaction, the insider now directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.32% of the stock is currently owned by insiders.

Willis Towers Watson Public Company 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.