Chevy Chase Trust Holdings LLC Sells 1,591 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Chevy Chase Trust Holdings LLC trimmed its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 2.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,886 shares of the company's stock after selling 1,591 shares during the quarter. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Willis Towers Watson Public worth $16,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $27,000. Y.D. More Investments Ltd boosted its position in shares of 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 buying an additional 69 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public during the third quarter valued at $41,000. Versant Capital Management Inc raised its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after buying an additional 85 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after acquiring an additional 43 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Truist Financial reaffirmed a "buy" rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Evercore ISI upgraded 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 report on Wednesday, January 8th. Barclays boosted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and a consensus target price of $342.08.

Willis Towers Watson Public Stock Up 1.0 %

NASDAQ WTW traded up $3.36 during trading on Wednesday, hitting $325.63. 385,160 shares of the company traded hands, compared to its average volume of 539,172. The business has a fifty day simple moving average of $317.66 and a 200 day simple moving average of $304.29. The company has a current ratio of 1.98, a quick ratio of 1.72 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 $334.99. The company has a market capitalization of $32.80 billion, a P/E ratio of -325.63, a PEG ratio of 2.89 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $7.44 EPS. As a group, sell-side analysts predict that Willis Towers Watson Public Limited will post 17.44 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public's payout ratio is presently -352.00%.

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.