JNBA Financial Advisors Trims Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

JNBA Financial Advisors lessened its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 500 shares of the company’s stock after selling 75 shares during the quarter. JNBA Financial Advisors’ holdings in Willis Towers Watson Public were worth $147,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Graypoint LLC raised its stake in shares of Willis Towers Watson Public by 4.7% in the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after buying an additional 37 shares during the period. Fidelis Capital Partners LLC raised its stake in shares of Willis Towers Watson Public by 3.1% in the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after buying an additional 37 shares during the period. Creative Planning raised its stake in shares of Willis Towers Watson Public by 0.3% in the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after buying an additional 43 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Willis Towers Watson Public by 22.2% in the third 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. Finally, Sequoia Financial Advisors LLC raised its stake in 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 valued at $312,000 after purchasing an additional 47 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock opened at $317.31 on Thursday. The stock has a market cap of $31.96 billion, a price-to-earnings ratio of -43.59, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a 50 day moving average price of $293.26 and a 200-day moving average price of $274.26. Willis Towers Watson Public Limited has a one year low of $234.00 and a one year high of $320.10.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business earned $2.24 EPS. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. Equities analysts expect that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WTW. Morgan Stanley decreased their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Jefferies Financial Group lifted their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday. Finally, Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $312.27.

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.