Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 175,082 shares of the company’s stock after selling 3,607 shares during the quarter. Rhumbline Advisers owned about 0.17% of Willis Towers Watson Public worth $54,843,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Timber Creek Capital Management LLC grew its position in Willis Towers Watson Public by 11.4% in the third quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after buying an additional 1,957 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after buying an additional 2,775 shares during the last quarter. Intech Investment Management LLC grew its position in Willis Towers Watson Public by 28.3% in the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after buying an additional 23,001 shares during the last quarter. Atom Investors LP boosted its stake in Willis Towers Watson Public by 64.0% in the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after purchasing an additional 3,126 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Willis Towers Watson Public by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after purchasing an additional 37,340 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on WTW shares. Keefe, Bruyette & Woods raised their price objective 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. Wells Fargo & Company decreased their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Raymond James raised 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 note on Thursday, December 5th. Evercore ISI raised 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 note on Wednesday, January 8th. Finally, Jefferies Financial Group raised 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 note on Friday, December 20th. 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 assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $342.08.

Willis Towers Watson Public Stock Down 0.6 %

Willis Towers Watson Public stock opened at $320.40 on Monday. The company has a market capitalization of $32.27 billion, a P/E ratio of -320.40, a P/E/G ratio of 2.91 and a beta of 0.74. The firm’s fifty day simple moving average is $317.21 and its 200-day simple moving average is $303.76. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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%. Willis Towers Watson Public’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $7.44 EPS. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -352.00%.

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.