Exencial Wealth Advisors LLC Sells 1,148 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Exencial Wealth Advisors LLC cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,658 shares of the company’s stock after selling 1,148 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Willis Towers Watson Public were worth $15,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Graypoint LLC grew its position in shares of Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after purchasing an additional 37 shares in the last quarter. Fidelis Capital Partners LLC grew its position in shares of Willis Towers Watson Public by 3.1% during the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after purchasing an additional 37 shares in the last quarter. Creative Planning grew its position in shares of Willis Towers Watson Public by 0.3% during the second quarter. Creative Planning now owns 13,147 shares of the company’s stock valued at $3,446,000 after purchasing an additional 43 shares in the last quarter. Farther Finance Advisors LLC grew its position 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 in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Willis Towers Watson Public by 4.1% during the second 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 in the last quarter. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Up 3.0 %

Shares of NASDAQ WTW opened at $317.31 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The firm has a market capitalization of $31.96 billion, a price-to-earnings ratio of -43.59, a PEG ratio of 1.89 and a beta of 0.73. The stock has a 50 day moving average price of $293.26 and a 200 day moving average price of $274.26. Willis Towers Watson Public Limited has a 52-week low of $234.00 and a 52-week high of $320.10.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.24 earnings per share. Sell-side analysts expect that Willis Towers Watson Public Limited will post 16.64 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.88 dividend. The ex-dividend date of this dividend 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 -48.35%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WTW shares. Morgan Stanley reduced their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Truist Financial boosted their price objective 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. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm boosted their price objective 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. Finally, Keefe, Bruyette & Woods boosted their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday. One research 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. According to MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Hold” and a consensus 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.