Aviva PLC Has $19.23 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Aviva PLC cut its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 26.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,382 shares of the company's stock after selling 21,532 shares during the quarter. Aviva PLC owned approximately 0.06% of Willis Towers Watson Public worth $19,227,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Y.D. More Investments Ltd raised its holdings in Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after purchasing an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $49,000. Versant Capital Management Inc boosted its holdings in shares of Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after acquiring an additional 85 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in Willis Towers Watson Public during the 4th quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $76,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WTW. Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays raised their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research note on Friday. Wells Fargo & Company dropped their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a report on Tuesday, January 14th. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price target for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Jefferies Financial Group decreased their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research report on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $346.38.

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Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Stock Up 1.6 %

NASDAQ WTW traded up $5.10 during trading hours on Friday, hitting $321.74. The company had a trading volume of 605,388 shares, compared to its average volume of 560,949. The firm's 50 day moving average is $326.95 and its 200 day moving average is $315.87. The company has a market capitalization of $32.08 billion, a price-to-earnings ratio of -321.74, a P/E/G ratio of 2.95 and a beta of 0.68. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. Willis Towers Watson Public's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.44 earnings per share. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.92 dividend. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.14%. Willis Towers Watson Public's dividend payout ratio (DPR) 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.