Corient Private Wealth LLC Sells 1,431 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Corient Private Wealth LLC lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 19.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,100 shares of the company’s stock after selling 1,431 shares during the period. Corient Private Wealth LLC’s holdings in Willis Towers Watson Public were worth $1,911,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Y.D. More Investments Ltd raised its position in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public during the fourth quarter valued at about $49,000. Versant Capital Management Inc raised its holdings in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of Willis Towers Watson Public in the fourth quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $76,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s 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 completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. UBS Group raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Truist Financial restated a “buy” rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average price target of $346.15.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $337.22 on Tuesday. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of -337.22, a PEG ratio of 2.95 and a beta of 0.71. 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 business has a 50 day simple moving average of $326.63 and a 200-day simple moving average of $312.33. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $344.14.

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

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. Willis Towers Watson Public’s payout ratio is currently -368.00%.

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.