Willis Towers Watson Public Limited (NASDAQ:WTW) Position Reduced by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 9.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,966 shares of the company’s stock after selling 326 shares during the period. Vontobel Holding Ltd.’s holdings in Willis Towers Watson Public were worth $715,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Louisiana State Employees Retirement System bought a new stake in Willis Towers Watson Public in the fourth quarter valued at about $1,495,000. Simplicity Solutions LLC grew its position in shares of Willis Towers Watson Public by 7.9% in the 4th quarter. Simplicity Solutions LLC now owns 2,371 shares of the company’s stock worth $572,000 after acquiring an additional 173 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Willis Towers Watson Public by 138.1% in the 4th quarter. Cerity Partners LLC now owns 3,939 shares of the company’s stock valued at $950,000 after acquiring an additional 2,285 shares during the last quarter. Impax Asset Management Group plc raised its position in shares of Willis Towers Watson Public by 19.6% during the 4th quarter. Impax Asset Management Group plc now owns 2,546 shares of the company’s stock valued at $614,000 after acquiring an additional 417 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in Willis Towers Watson Public during the fourth quarter worth $408,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WTW shares. Stifel Nicolaus boosted their target price on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Wells Fargo & Company decreased their target price on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Truist Financial increased their price target on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Finally, Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $236.00 to $315.00 in a research report on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $290.54.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $264.52 on Monday. The stock has a market cap of $27.05 billion, a P/E ratio of 26.40, a P/E/G ratio of 1.51 and a beta of 0.74. The firm’s 50-day simple moving average is $271.39 and its 200 day simple moving average is $249.88. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.48.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. Willis Towers Watson Public’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $6.33 EPS. Equities analysts expect that Willis Towers Watson Public Limited will post 16.2 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s dividend payout ratio is 35.13%.

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.