Empowered Funds LLC Sells 2,364 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Empowered Funds LLC lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 53.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,053 shares of the company's stock after selling 2,364 shares during the quarter. Empowered Funds LLC's holdings in Willis Towers Watson Public were worth $643,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Mizuho Securities USA LLC increased its stake in Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. Geode Capital Management LLC increased its stake in Willis Towers Watson Public by 0.8% during the 3rd 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 in the last quarter. FMR LLC increased its stake in Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after purchasing an additional 48,384 shares in the last quarter. Victory Capital Management Inc. increased its stake in Willis Towers Watson Public by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock valued at $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA increased its stake in Willis Towers Watson Public by 7.8% during the 3rd 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 in the last quarter. Institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of recent research reports. Truist Financial restated a "buy" rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research note on Friday, January 10th. Wells Fargo & Company reduced their target price 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 upped their target price for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Barclays upped their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of "Moderate Buy" and a consensus price target of $342.08.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW traded up $1.22 during midday trading on Friday, reaching $325.95. The company had a trading volume of 759,314 shares, compared to its average volume of 544,929. The company's 50 day moving average price is $318.31 and its 200 day moving average price is $304.58. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The stock has a market cap of $32.83 billion, a P/E ratio of -325.95, a P/E/G ratio of 2.96 and a beta of 0.74. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts' consensus estimates of $8.01 by $0.12. The company 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 firm's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $7.44 EPS. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.31 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

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

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.