Vinva Investment Management Ltd Sells 1,109 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Vinva Investment Management Ltd reduced its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 23.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,708 shares of the company’s stock after selling 1,109 shares during the quarter. Vinva Investment Management Ltd’s holdings in Willis Towers Watson Public were worth $1,161,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB lifted its position in shares of Willis Towers Watson Public by 12.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after acquiring an additional 38 shares during the period. Glenmede Trust Co. NA lifted its position in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after acquiring an additional 42 shares during the period. UMB Bank n.a. raised its holdings in Willis Towers Watson Public by 10.4% during the fourth 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 last quarter. Concurrent Investment Advisors LLC raised its holdings in Willis Towers Watson Public by 4.7% during the fourth 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 last quarter. Finally, Dynamic Advisor Solutions LLC lifted its stake in shares of Willis Towers Watson Public by 2.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 1,983 shares of the company’s stock valued at $621,000 after buying an additional 51 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price objective for the company from $344.00 to $395.00 in a research note on Tuesday. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price objective for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Barclays raised their price objective on shares of 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. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $346.15.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $334.51 on Friday. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. The company has a 50-day simple moving average of $325.71 and a 200 day simple moving average of $311.48. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The company has a market capitalization of $33.35 billion, a PE ratio of -334.51, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) 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 business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the company posted $7.44 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.92 dividend. This is an increase 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 annualized dividend and a dividend yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -368.00%.

Insider Transactions at Willis Towers Watson Public

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

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.