Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. trimmed its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,697 shares of the company’s stock after selling 1,014 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Willis Towers Watson Public were worth $4,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Trust Investment Advisors acquired a new position in Willis Towers Watson Public during the 4th quarter valued at about $218,000. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Willis Towers Watson Public by 2.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,013 shares of the company’s stock valued at $631,000 after buying an additional 47 shares during the last quarter. Taikang Asset Management Hong Kong Co Ltd boosted its position in shares of Willis Towers Watson Public by 179.0% during the fourth quarter. Taikang Asset Management Hong Kong Co Ltd now owns 30,550 shares of the company’s stock worth $9,569,000 after buying an additional 19,600 shares during the period. Sheets Smith Investment Management bought a new position in Willis Towers Watson Public in the 4th quarter worth approximately $1,317,000. Finally, LPL Financial LLC increased its position in Willis Towers Watson Public by 54.5% in the 4th quarter. LPL Financial LLC now owns 25,951 shares of the company’s stock valued at $8,129,000 after acquiring an additional 9,150 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of several recent analyst reports. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the stock from $352.00 to $382.00 in a research note on Friday, December 20th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Wells Fargo & Company reduced their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Truist Financial restated a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average target price of $346.15.

Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the sale, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Trading Up 0.2 %

Shares of NASDAQ WTW opened at $338.59 on Thursday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $344.14. The company has a market cap of $33.76 billion, a price-to-earnings ratio of -338.59, a P/E/G ratio of 2.95 and a beta of 0.71. The business has a fifty day simple moving average of $327.63 and a 200-day simple moving average of $312.84.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $7.44 earnings per share. Sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.92 per share. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is -368.00%.

Willis Towers Watson Public Company 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.