Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,417 shares of the company’s stock after selling 691 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Willis Towers Watson Public were worth $6,709,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Y.D. More Investments Ltd lifted its position 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 valued at $39,000 after buying an additional 69 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Willis Towers Watson Public in the fourth quarter valued at about $49,000. Versant Capital Management Inc lifted its position in Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after buying an additional 85 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in Willis Towers Watson Public in the fourth quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willis Towers Watson Public in the fourth quarter valued at about $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Truist Financial reissued a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company reduced their price target on shares of 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $346.15.

Insider Buying and Selling

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the stock in a transaction that occurred on 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 transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Down 0.5 %

WTW stock opened at $332.71 on Friday. The company’s 50 day moving average price is $326.11 and its 200 day moving average price is $311.90. 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 Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The firm has a market capitalization of $33.17 billion, a price-to-earnings ratio of -332.71, a PEG ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm earned $7.44 earnings per share. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.11%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is presently -368.00%.

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.