CenterBook Partners LP Sells 1,161 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

CenterBook Partners LP lessened its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 29.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,769 shares of the company's stock after selling 1,161 shares during the period. CenterBook Partners LP's holdings in Willis Towers Watson Public were worth $867,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WTW. Y.D. More Investments Ltd boosted its stake in Willis Towers Watson Public by 121.1% in the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock worth $39,000 after buying an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth approximately $49,000. Versant Capital Management Inc lifted its holdings in shares of Willis Towers Watson Public by 95.5% in the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after acquiring an additional 85 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Willis Towers Watson Public during the 4th quarter valued at $76,000. Institutional investors own 93.09% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $387.00 price objective on shares of Willis Towers Watson Public in a research note on Wednesday, April 9th. Wells Fargo & Company reduced their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 14th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Barclays lifted 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. Finally, Jefferies Financial Group dropped their price target on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a research report on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and an average target price of $346.38.

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Willis Towers Watson Public Stock Down 0.3 %

Shares of NASDAQ WTW traded down $0.86 during mid-day trading on Tuesday, hitting $327.16. 553,568 shares of the stock traded hands, compared to its average volume of 562,379. The company has a market cap of $32.62 billion, a price-to-earnings ratio of -327.16, a PEG ratio of 2.95 and a beta of 0.68. The stock has a fifty day moving average price of $327.10 and a 200-day moving average price of $316.11. 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 debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion for 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 company's quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.44 EPS. Research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio is -368.00%.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was 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 owns 74,417 shares of the company's stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.22% of the company's stock.

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.