New York State Teachers Retirement System Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

New York State Teachers Retirement System trimmed its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,693 shares of the company's stock after selling 4,936 shares during the quarter. New York State Teachers Retirement System owned 0.08% of Willis Towers Watson Public worth $24,650,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in WTW. Fidelis Capital Partners LLC increased its position in Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company's stock valued at $357,000 after purchasing an additional 37 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company's stock valued at $106,000 after purchasing an additional 38 shares during the period. Glenmede Trust Co. NA increased its position in Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company's stock valued at $418,000 after purchasing an additional 42 shares during the period. Farther Finance Advisors LLC increased its position in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after purchasing an additional 43 shares during the period. Finally, Bleakley Financial Group LLC increased its position in Willis Towers Watson Public by 1.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 2,475 shares of the company's stock valued at $729,000 after purchasing an additional 47 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Up 1.0 %

Willis Towers Watson Public stock traded up $3.36 during mid-day trading on Wednesday, reaching $325.63. The stock had a trading volume of 505,264 shares, compared to its average volume of 539,174. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of -325.63, a PEG ratio of 2.89 and a beta of 0.74. The company has a 50-day moving average price of $317.66 and a two-hundred day moving average price of $304.29. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99. 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 (NASDAQ:WTW - Get Free Report) last issued its 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. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the firm earned $7.44 EPS. Willis Towers Watson Public's revenue was up 4.2% on a year-over-year basis. On average, analysts expect that Willis Towers Watson Public Limited will post 17.44 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WTW. 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. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their target price for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Barclays boosted their target price 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. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $342.08.

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.