Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Vinva Investment Management Ltd

Vinva Investment Management Ltd lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 23.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,708 shares of the company's stock after selling 1,109 shares during the period. Vinva Investment Management Ltd's holdings in Willis Towers Watson Public were worth $1,161,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of WTW. Y.D. More Investments Ltd grew its holdings in shares of Willis Towers Watson Public by 121.1% during the 4th 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 period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Willis Towers Watson Public during the fourth quarter worth about $49,000. Versant Capital Management Inc increased its position in shares of Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company's stock valued at $55,000 after acquiring an additional 85 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Willis Towers Watson Public in the 4th quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $76,000. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of research analyst reports. Evercore ISI raised 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 research report on Wednesday, January 8th. Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Wells Fargo & Company cut 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 research note on Tuesday, January 14th. Finally, Truist Financial restated a "buy" rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and a consensus target price of $346.15.

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Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW traded up $0.71 on Tuesday, reaching $337.93. The company's stock had a trading volume of 534,373 shares, compared to its average volume of 503,318. The stock has a market capitalization of $33.69 billion, a P/E ratio of -337.93, a PEG ratio of 2.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The stock's 50-day moving average is $326.63 and its two-hundred day moving average is $312.33. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping 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 company had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $3.05 billion. During the same quarter last year, the business earned $7.44 EPS. The business's revenue was up 4.2% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.92 dividend. 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 dividend yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now directly owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.22% of the stock is currently owned by company insiders.

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.