Kingsview Wealth Management LLC Sells 3,235 Shares of Willis Towers Watson Public Limited Company $WTW

Kingsview Wealth Management LLC lessened its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 10.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,762 shares of the company’s stock after selling 3,235 shares during the period. Kingsview Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $8,794,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares during the period. 44 Wealth Management LLC boosted its holdings in Willis Towers Watson Public by 1.3% in the fourth quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock worth $966,000 after acquiring an additional 39 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares in the last quarter. Howard Capital Management Inc. grew its stake in Willis Towers Watson Public by 5.7% in the fourth quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock valued at $244,000 after acquiring an additional 40 shares during the period. Finally, Avantra Family Wealth Inc. increased its holdings in shares of Willis Towers Watson Public by 2.9% during the fourth quarter. Avantra Family Wealth Inc. now owns 1,484 shares of the company’s stock valued at $488,000 after acquiring an additional 42 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Lucy Clarke bought 1,896 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were purchased at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $252.01 on Friday. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78. The stock has a market cap of $23.80 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 1.12 and a beta of 0.45. The stock’s fifty day simple moving average is $276.21 and its two-hundred day simple moving average is $302.11. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating the consensus estimate of $3.65 by $0.07. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the company posted $3.13 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. As a group, analysts forecast that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 annualized dividend and a dividend yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on WTW shares. Cantor Fitzgerald reduced their price target on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Mizuho reduced their price objective on shares of Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating for the company in a report on Tuesday, May 5th. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price for the company in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and a consensus target price of $351.73.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.