US Bancorp DE Reduces Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

US Bancorp DE lowered its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 12,534 shares of the company’s stock after selling 497 shares during the quarter. US Bancorp DE’s holdings in Willis Towers Watson Public were worth $3,926,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. MassMutual Private Wealth & Trust FSB lifted its holdings in Willis Towers Watson Public by 12.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock worth $106,000 after buying an additional 38 shares during the period. Glenmede Trust Co. NA lifted its holdings in Willis Towers Watson Public by 3.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after buying an additional 42 shares during the period. Farther Finance Advisors LLC lifted its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after buying an additional 43 shares during the period. UMB Bank n.a. lifted its holdings in Willis Towers Watson Public by 10.4% in the 4th quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after buying an additional 49 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in Willis Towers Watson Public by 4.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company’s stock worth $350,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WTW. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Wells Fargo & Company lowered their target price on 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. Truist Financial restated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on 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 sale, the insider now owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Up 0.2 %

Shares of NASDAQ:WTW opened at $334.50 on Thursday. The stock has a fifty day simple moving average of $322.10 and a two-hundred day simple moving average of $308.38. The stock has a market capitalization of $33.35 billion, a price-to-earnings ratio of -334.50, a PEG ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $344.14. 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 (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.44 earnings per share. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced 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 is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio (DPR) 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.