Exencial Wealth Advisors LLC Reduces Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Exencial Wealth Advisors LLC lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 33.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,774 shares of the company's stock after selling 17,884 shares during the period. Exencial Wealth Advisors LLC's holdings in Willis Towers Watson Public were worth $11,206,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in WTW. Wealth Enhancement Advisory Services LLC boosted its position in Willis Towers Watson Public by 23.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,920 shares of the company's stock valued at $1,449,000 after buying an additional 920 shares during the period. US Bancorp DE lifted its position in Willis Towers Watson Public by 1.3% during the 3rd quarter. US Bancorp DE now owns 13,031 shares of the company's stock valued at $3,838,000 after acquiring an additional 173 shares during the period. Farther Finance Advisors LLC boosted its position in shares of 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 purchasing an additional 43 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Willis Towers Watson Public by 10.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 109,103 shares of the company's stock worth $32,134,000 after acquiring an additional 9,970 shares during the last quarter. Finally, Intact Investment Management Inc. increased its stake in Willis Towers Watson Public by 8.6% during the 3rd quarter. Intact Investment Management Inc. now owns 3,150 shares of the company's stock valued at $928,000 after purchasing an additional 250 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays boosted their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Truist Financial restated 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. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and lifted their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Keefe, Bruyette & Woods increased their target price 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and a consensus target price of $342.08.

Willis Towers Watson Public Price Performance

WTW stock traded down $1.76 during mid-day trading on Thursday, reaching $332.74. 118,767 shares of the company's stock were exchanged, compared to its average volume of 549,014. 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 Limited has a 12-month low of $245.04 and a 12-month high of $344.14. The stock's 50 day moving average is $322.10 and its 200 day moving average is $308.38. The company has a market cap of $33.17 billion, a price-to-earnings ratio of -332.63, a price-to-earnings-growth ratio of 2.95 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm posted $7.44 EPS. The business's revenue was up 4.2% on a year-over-year basis. On average, research 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Monday, March 31st. This is an increase from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is -368.00%.

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.