OneDigital Investment Advisors LLC Reduces Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

OneDigital Investment Advisors LLC decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 20.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,281 shares of the company's stock after selling 1,363 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Willis Towers Watson Public were worth $1,654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Willis Towers Watson Public by 12.7% in 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 last quarter. Forum Financial Management LP increased its position in Willis Towers Watson Public by 3.8% during the fourth quarter. Forum Financial Management LP now owns 1,197 shares of the company's stock worth $375,000 after buying an additional 44 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Willis Towers Watson Public by 2.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,013 shares of the company's stock valued at $631,000 after buying an additional 47 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Willis Towers Watson Public by 10.4% in the fourth quarter. UMB Bank n.a. now owns 520 shares of the company's stock valued at $163,000 after acquiring an additional 49 shares during the period. Finally, Concurrent Investment Advisors LLC grew its position in shares of Willis Towers Watson Public by 4.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company's stock worth $350,000 after acquiring an additional 50 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $325.68 on Thursday. 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 52-week low of $245.04 and a 52-week high of $344.14. The company has a 50-day simple moving average of $327.13 and a 200-day simple moving average of $317.19. The company has a market capitalization of $32.47 billion, a PE ratio of -325.68, a P/E/G ratio of 2.95 and a beta of 0.68.

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 (EPS) for the quarter, beating analysts' consensus estimates 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%. The firm's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $7.44 earnings per share. Equities research analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.92 per share. The ex-dividend date was Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. This represents a $3.68 annualized dividend and a yield of 1.13%. Willis Towers Watson Public's payout ratio is currently -368.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.32% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a $387.00 price target on shares of Willis Towers Watson Public in a research report on Wednesday, April 9th. Barclays increased their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Jefferies Financial Group lowered their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their target price for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average price target of $346.38.

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.

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