Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW – Get Rating) by 12.8% during the 3rd quarter, Holdings Channel reports. The firm owned 18,688 shares of the company’s stock after selling 2,741 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Willis Towers Watson Public were worth $3,756,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WTW. Heritage Wealth Advisors acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $27,000. Bogart Wealth LLC acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $30,000. Investors Research Corp acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $30,000. Lindbrook Capital LLC acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $38,000. Finally, Geneos Wealth Management Inc. acquired a new stake in Willis Towers Watson Public during the second quarter worth approximately $39,000. 93.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Willis Towers Watson Public news, Director Brendan R. Oneill sold 6,520 shares of the company’s stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $225.50, for a total transaction of $1,470,260.00. Following the sale, the director now owns 7,488 shares in the company, valued at $1,688,544. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Willis Towers Watson Public news, Director Brendan R. Oneill sold 6,520 shares of the company’s stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $225.50, for a total transaction of $1,470,260.00. Following the sale, the director now owns 7,488 shares in the company, valued at $1,688,544. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Anne Donovan Bodnar sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $218.34, for a total value of $436,680.00. Following the sale, the insider now owns 10,727 shares in the company, valued at approximately $2,342,133.18. The disclosure for this sale can be found here. Insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Credit Suisse Group raised their target price on shares of Willis Towers Watson Public from $288.00 to $302.00 and gave the stock an “outperform” rating in a research report on Thursday, December 15th. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $220.00 to $218.00 and set an “equal weight” rating on the stock in a report on Friday, October 28th. Morgan Stanley decreased their price target on shares of Willis Towers Watson Public from $242.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 22nd. Raymond James lifted their price target on shares of Willis Towers Watson Public from $250.00 to $280.00 and gave the company a “strong-buy” rating in a report on Thursday, December 29th. Finally, TheStreet upgraded shares of Willis Towers Watson Public from a “c+” rating to a “b+” rating in a report on Monday, December 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $256.78.

Willis Towers Watson Public Trading Down 0.0 %

Shares of WTW opened at $254.65 on Friday. The stock’s 50-day moving average is $242.32 and its two-hundred day moving average is $219.43. The stock has a market cap of $27.56 billion, a PE ratio of 11.12, a P/E/G ratio of 1.04 and a beta of 0.76. Willis Towers Watson Public Limited has a 12 month low of $187.89 and a 12 month high of $258.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.79 and a quick ratio of 1.79.

Willis Towers Watson Public (NASDAQ:WTW – Get Rating) last released its quarterly earnings results on Thursday, October 27th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.14 by $0.06. Willis Towers Watson Public had a return on equity of 13.67% and a net margin of 31.90%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the firm posted $1.73 earnings per share. The company’s revenue was down 1.0% compared to the same quarter last year. Equities analysts forecast that Willis Towers Watson Public Limited will post 13.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Saturday, December 31st will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, December 29th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 14.32%.

Willis Towers Watson Public Profile

(Get Rating)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.