Gulf International Bank UK Ltd Sells 86 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Gulf International Bank UK Ltd decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,318 shares of the company’s stock after selling 86 shares during the period. Gulf International Bank UK Ltd’s holdings in Willis Towers Watson Public were worth $2,605,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WTW. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public during the third quarter valued at about $27,000. Y.D. More Investments Ltd raised its position in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public during the third quarter valued at about $41,000. Versant Capital Management Inc raised its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 1.3 %

NASDAQ WTW opened at $339.65 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The stock has a market capitalization of $34.21 billion, a PE ratio of -339.65, a PEG ratio of 2.95 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $339.89. The business’s 50-day moving average is $320.85 and its 200 day moving average is $306.97.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for 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 business’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm posted $7.44 EPS. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.08%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s payout ratio is presently -368.00%.

Analyst Upgrades and Downgrades

WTW has been the topic of a number of research reports. Wells Fargo & Company lowered their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $342.08.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.22% of the company’s stock.

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.