Vontobel Holding Ltd. Sells 326 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Vontobel Holding Ltd. decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,966 shares of the company’s stock after selling 326 shares during the period. Vontobel Holding Ltd.’s holdings in Willis Towers Watson Public were worth $715,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System purchased a new stake in Willis Towers Watson Public during the 4th quarter valued at $1,495,000. Simplicity Solutions LLC lifted its holdings in shares of Willis Towers Watson Public by 7.9% during the fourth quarter. Simplicity Solutions LLC now owns 2,371 shares of the company’s stock valued at $572,000 after purchasing an additional 173 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Willis Towers Watson Public by 138.1% during the fourth quarter. Cerity Partners LLC now owns 3,939 shares of the company’s stock valued at $950,000 after buying an additional 2,285 shares during the last quarter. Impax Asset Management Group plc increased its holdings in Willis Towers Watson Public by 19.6% in the 4th quarter. Impax Asset Management Group plc now owns 2,546 shares of the company’s stock worth $614,000 after buying an additional 417 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in Willis Towers Watson Public in the 4th quarter worth about $408,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Trading Up 0.6 %

Willis Towers Watson Public stock opened at $264.52 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.48. Willis Towers Watson Public Limited has a 12-month low of $195.29 and a 12-month high of $278.86. The firm has a market capitalization of $27.05 billion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 1.51 and a beta of 0.74. The firm has a 50 day moving average of $271.39 and a 200 day moving average of $249.88.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $6.33 earnings per share. As a group, research analysts predict that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.88 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. Willis Towers Watson Public’s dividend payout ratio is 35.13%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Wells Fargo & Company decreased their target price on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Raymond James restated an “outperform” rating and issued a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a research note on Thursday, March 28th. Truist Financial increased their target price on Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Stifel Nicolaus boosted their price target on Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $290.54.

Willis Towers Watson Public Company 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.