TD Private Client Wealth LLC Lowers Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

TD Private Client Wealth LLC lessened its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,653 shares of the company’s stock after selling 34 shares during the period. TD Private Client Wealth LLC’s holdings in Willis Towers Watson Public were worth $831,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WTW. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Willis Towers Watson Public by 12.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock valued at $106,000 after purchasing an additional 38 shares during the last quarter. Glenmede Trust Co. NA increased its position in 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 buying an additional 42 shares in the last quarter. UMB Bank n.a. raised its stake 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 valued at $163,000 after buying an additional 49 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Willis Towers Watson Public by 4.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company’s stock worth $350,000 after acquiring an additional 50 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew 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 worth $621,000 after acquiring an additional 51 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

WTW stock opened at $332.71 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $344.14. The company has a market cap of $33.17 billion, a P/E ratio of -332.71, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The stock’s fifty day moving average price is $326.11 and its 200-day moving average price is $312.03.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate 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%. Willis Towers Watson Public’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.44 earnings per share. On average, equities 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 1.11%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s payout ratio is -368.00%.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction 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 transaction, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was 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 accessible through the SEC website. 0.22% of the stock is currently owned by company insiders.

Analyst Ratings Changes

WTW has been the subject of several recent analyst reports. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Truist Financial reiterated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Wells Fargo & Company cut their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $346.15.

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.