IFP Advisors Inc Sells 235 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

IFP Advisors Inc lessened its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW – Get Rating) by 39.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 354 shares of the company’s stock after selling 235 shares during the quarter. IFP Advisors Inc’s holdings in Willis Towers Watson Public were worth $57,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Artisan Partners Limited Partnership boosted its stake in Willis Towers Watson Public by 8.6% during the 3rd quarter. Artisan Partners Limited Partnership now owns 6,702,410 shares of the company’s stock worth $1,346,782,000 after acquiring an additional 528,712 shares during the last quarter. State Street Corp raised its holdings in shares of Willis Towers Watson Public by 0.5% in the third quarter. State Street Corp now owns 4,929,073 shares of the company’s stock valued at $994,369,000 after purchasing an additional 25,778 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Willis Towers Watson Public by 1.9% in the third quarter. Alliancebernstein L.P. now owns 1,739,095 shares of the company’s stock valued at $349,454,000 after purchasing an additional 33,063 shares during the last quarter. Baupost Group LLC MA raised its holdings in shares of Willis Towers Watson Public by 38.7% in the third quarter. Baupost Group LLC MA now owns 1,285,428 shares of the company’s stock valued at $258,294,000 after purchasing an additional 358,462 shares during the last quarter. Finally, Clarkston Capital Partners LLC raised its holdings in shares of Willis Towers Watson Public by 0.9% in the third quarter. Clarkston Capital Partners LLC now owns 1,222,289 shares of the company’s stock valued at $245,607,000 after purchasing an additional 10,973 shares during the last quarter. Institutional investors own 93.77% of the company’s stock.

Insider Activity

In related news, insider Julie Jarecke Gebauer sold 2,500 shares of Willis Towers Watson Public stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $231.44, for a total value of $578,600.00. Following the completion of the sale, the insider now owns 79,740 shares of the company’s stock, valued at approximately $18,455,025.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.25% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $226.84 on Thursday. The business’s 50 day simple moving average is $231.51 and its 200 day simple moving average is $238.68. Willis Towers Watson Public Limited has a one year low of $187.89 and a one year high of $258.93. The stock has a market capitalization of $24.14 billion, a PE ratio of 22.75, a PEG ratio of 1.27 and a beta of 0.75. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.96 and a quick ratio of 1.96.

Willis Towers Watson Public (NASDAQ:WTW – Get Rating) last released its quarterly earnings results on Thursday, April 27th. The company reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.03. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.22 billion. Willis Towers Watson Public had a return on equity of 14.76% and a net margin of 12.18%. Willis Towers Watson Public’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.66 EPS. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 14.44 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WTW shares. Raymond James lowered their price objective on shares of Willis Towers Watson Public from $275.00 to $270.00 in a report on Friday, April 28th. Citigroup boosted their target price on shares of Willis Towers Watson Public from $255.00 to $256.00 in a research report on Tuesday, April 18th. Robert W. Baird reduced their target price on shares of Willis Towers Watson Public from $259.00 to $257.00 in a research report on Monday, May 1st. Stifel Nicolaus boosted their target price on shares of Willis Towers Watson Public from $228.00 to $255.00 and gave the company a “hold” rating in a research report on Tuesday, February 14th. Finally, BMO Capital Markets assumed coverage on shares of Willis Towers Watson Public in a research report on Thursday, January 19th. They issued a “market perform” rating and a $260.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $266.85.

Willis Towers Watson Public Profile

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Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits (HCB), Corporate Risk and Broking (CRB), Investment, Risk and Reinsurance (IRR), and Benefits Delivery and Administration (BDA). The HCB segment provides advice, broking, solutions, and software for employee benefit plans, human resources organizations, and management teams.