Oppenheimer Asset Management Inc. Sells 97 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Oppenheimer Asset Management Inc. decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,204 shares of the company’s stock after selling 97 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Willis Towers Watson Public were worth $690,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WTW. Mizuho Securities USA LLC boosted its stake in Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Willis Towers Watson Public by 277.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after buying an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its holdings in Willis Towers Watson Public by 47,515.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after buying an additional 498,915 shares during the period. Canoe Financial LP acquired a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $47,883,000. Finally, Cidel Asset Management Inc. acquired a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $42,964,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $334.50 on Thursday. 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 $245.04 and a 12-month high of $344.14. The company has a market capitalization of $33.35 billion, a PE ratio of -334.50, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. The firm’s 50 day moving average is $322.10 and its 200-day moving average is $308.38.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $7.44 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.10%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is presently -368.00%.

Insider Buying and Selling

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 shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company’s stock, 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 SEC, which is available through this hyperlink. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Barclays raised their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Finally, Wells Fargo & Company lowered their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $342.08.

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.