Private Advisor Group LLC Sells 54 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Private Advisor Group LLC cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,199 shares of the company’s stock after selling 54 shares during the quarter. Private Advisor Group LLC’s holdings in Willis Towers Watson Public were worth $353,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTW. Graypoint LLC boosted its position in shares of Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after purchasing an additional 37 shares in the last quarter. Creative Planning increased its stake in shares of Willis Towers Watson Public by 0.3% during the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Willis Towers Watson Public by 4.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after purchasing an additional 47 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of 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 worth $729,000 after purchasing an additional 47 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Willis Towers Watson Public by 3.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,692 shares of the company’s stock worth $444,000 after purchasing an additional 50 shares during the last quarter. 93.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on WTW shares. Barclays started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Truist Financial upped their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Trading Up 1.7 %

Shares of NASDAQ WTW opened at $307.92 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a 52-week low of $234.00 and a 52-week high of $308.87. The firm has a 50 day moving average price of $292.70 and a two-hundred day moving average price of $273.95. The stock has a market cap of $31.01 billion, a P/E ratio of -42.30, a price-to-earnings-growth ratio of 1.88 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the company posted $2.24 EPS. The company’s revenue was up 5.7% on a year-over-year basis. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 16.59 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

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.