Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Louisbourg Investments Inc.

Louisbourg Investments Inc. trimmed its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 13.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,491 shares of the company's stock after selling 2,420 shares during the period. Louisbourg Investments Inc.'s holdings in Willis Towers Watson Public were worth $4,852,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in Willis Towers Watson Public during the third quarter worth about $27,000. Y.D. More Investments Ltd increased its position in Willis Towers Watson Public by 121.1% during 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 during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public during the third quarter worth about $41,000. Versant Capital Management Inc increased 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 worth $55,000 after purchasing an additional 85 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in Willis Towers Watson Public during the fourth quarter worth about $72,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WTW has been the subject of several recent analyst reports. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and raised their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their price objective for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their price objective for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Barclays increased 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. Finally, Keefe, Bruyette & Woods increased 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. 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 given a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and a consensus target price of $342.08.

Willis Towers Watson Public Stock Down 0.6 %

Shares of NASDAQ WTW traded down $1.88 during midday trading on Friday, hitting $320.40. The company's stock had a trading volume of 560,958 shares, compared to its average volume of 527,270. The business's fifty day simple moving average is $317.25 and its two-hundred day simple moving average is $303.19. 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 1 year low of $245.04 and a 1 year high of $334.99. The firm has a market capitalization of $32.27 billion, a price-to-earnings ratio of -320.40, a price-to-earnings-growth ratio of 2.91 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm posted $7.44 earnings per share. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities analysts predict that Willis Towers Watson Public Limited will post 17.72 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public's payout ratio is -352.00%.

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.