Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC lowered its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,085 shares of the company’s stock after selling 818 shares during the period. Moran Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $5,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $27,000. American National Bank purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at about $36,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $41,000. Beacon Capital Management LLC grew its stake in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC purchased a new position in Willis Towers Watson Public during the 2nd quarter worth approximately $54,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.3 %

Shares of WTW stock opened at $308.61 on Thursday. The stock has a fifty day moving average price of $297.18 and a 200 day moving average price of $278.06. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $320.77. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. Willis Towers Watson Public’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.24 earnings per share. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company 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. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio is presently -48.35%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Roth Mkm raised their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Truist Financial raised their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Wells Fargo & Company lifted their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Finally, Barclays assumed coverage on Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public 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.