Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC reduced its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,300 shares of the company’s stock after selling 68 shares during the quarter. Confluence Investment Management LLC’s holdings in Willis Towers Watson Public were worth $972,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of WTW. Graypoint LLC boosted its holdings in Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after buying an additional 37 shares in the last quarter. Fidelis Capital Partners LLC boosted its stake in shares of Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after acquiring an additional 37 shares in the last quarter. Creative Planning grew its holdings in shares of Willis Towers Watson Public by 0.3% in the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after acquiring an additional 43 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of 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 during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Willis Towers Watson Public by 4.1% in 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. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays initiated coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Truist Financial upped their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group lifted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Stock Up 0.1 %

WTW stock opened at $316.30 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $31.86 billion, a PE ratio of -43.45, a PEG ratio of 1.98 and a beta of 0.73. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $320.45. The company has a fifty day simple moving average of $294.22 and a 200 day simple moving average of $274.90.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the company posted $2.24 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.64 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

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

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.