Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Olstein Capital Management L.P.

Olstein Capital Management L.P. reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.9% during the 3rd quarter, Holdings Channel reports. The fund owned 26,000 shares of the company’s stock after selling 500 shares during the period. Olstein Capital Management L.P.’s holdings in Willis Towers Watson Public were worth $7,658,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American National Bank purchased a new position in shares of Willis Towers Watson Public during the 2nd quarter worth about $36,000. Beacon Capital Management LLC raised its stake in Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after purchasing an additional 101 shares during the period. New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at $54,000. LRI Investments LLC purchased a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at $58,000. Finally, Heritage Wealth Advisors increased its holdings in shares of Willis Towers Watson Public by 44.3% during the 1st quarter. Heritage Wealth Advisors now owns 241 shares of the company’s stock worth $66,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.0 %

Shares of WTW traded up $0.01 during trading hours on Thursday, hitting $317.32. 13,737 shares of the company were exchanged, compared to its average volume of 471,265. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company has a market cap of $31.96 billion, a PE ratio of -43.59, a PEG ratio of 1.89 and a beta of 0.73. The firm’s 50 day moving average is $293.26 and its 200-day moving average is $274.26. Willis Towers Watson Public Limited has a 52 week low of $234.00 and a 52 week high of $320.10.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.24 EPS. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 16.64 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

Analyst Upgrades and Downgrades

WTW has been the topic of several research analyst reports. Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Barclays began coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price on the stock. Finally, Truist Financial increased their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Willis Towers Watson Public has an average rating of “Hold” and an average price target of $312.27.

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.