Corient Private Wealth LLC Sells 1,431 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Corient Private Wealth LLC trimmed its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,100 shares of the company's stock after selling 1,431 shares during the quarter. Corient Private Wealth LLC's holdings in Willis Towers Watson Public were worth $1,911,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WTW. Geode Capital Management LLC lifted its position in Willis Towers Watson Public by 0.8% during the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock valued at $772,027,000 after purchasing an additional 19,623 shares during the last quarter. FMR LLC lifted its stake in shares of Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after acquiring an additional 48,384 shares during the last quarter. Baupost Group LLC MA boosted its stake in shares of Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after purchasing an additional 128,558 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Willis Towers Watson Public by 277.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company's stock valued at $248,706,000 after buying an additional 620,926 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Willis Towers Watson Public by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 604,686 shares of the company's stock worth $189,412,000 after purchasing an additional 12,162 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

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Willis Towers Watson Public Price Performance

WTW stock traded down $0.34 during midday trading on Wednesday, hitting $337.59. The company's stock had a trading volume of 105,058 shares, compared to its average volume of 558,431. The firm has a market capitalization of $33.66 billion, a price-to-earnings ratio of -337.59, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. 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 50 day moving average of $327.12 and a two-hundred day moving average of $312.66.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analysts' expectations 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%. Willis Towers Watson Public's quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the company posted $7.44 earnings per share. On average, analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.09%. Willis Towers Watson Public's dividend payout ratio is presently -368.00%.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction 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 of the company's stock, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on WTW. Wells Fargo & Company reduced their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating for the company in a research report on Tuesday, January 14th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price target for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Keefe, Bruyette & Woods upped their price objective on 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. Jefferies Financial Group raised Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Evercore ISI raised shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $346.15.

About Willis Towers Watson Public

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.