Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co reduced its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 30.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169 shares of the company’s stock after selling 74 shares during the quarter. CENTRAL TRUST Co’s holdings in Willis Towers Watson Public were worth $50,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Board of Administration of Florida Retirement System grew its position in shares of Willis Towers Watson Public by 6.8% during the first quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after acquiring an additional 7,404 shares during the last quarter. M&G Plc acquired a new position in Willis Towers Watson Public in the first quarter valued at $12,318,000. Acadian Asset Management LLC raised its holdings in shares of Willis Towers Watson Public by 520.3% in the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after buying an additional 350,135 shares during the last quarter. Swedbank AB acquired a new stake in shares of Willis Towers Watson Public during the first quarter worth about $4,512,000. Finally, Leeward Investments LLC MA grew its holdings in shares of Willis Towers Watson Public by 48.8% during the first quarter. Leeward Investments LLC MA now owns 56,679 shares of the company’s stock worth $15,587,000 after buying an additional 18,588 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 0.0 %

Shares of WTW stock opened at $290.45 on Monday. Willis Towers Watson Public Limited has a fifty-two week low of $220.00 and a fifty-two week high of $303.42. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. The business has a fifty day simple moving average of $290.65 and a 200-day simple moving average of $272.01. The stock has a market cap of $29.69 billion, a P/E ratio of 29.13, a P/E/G ratio of 1.84 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.28 by $0.27. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.05 earnings per share. On average, analysts forecast that Willis Towers Watson Public Limited will post 16.49 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

Analyst Upgrades and Downgrades

WTW has been the subject of several analyst reports. Roth Mkm upped their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley cut their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the company an “overweight” rating in a research report on Thursday, October 3rd. Barclays began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective for the company. Finally, Jefferies Financial Group lifted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $309.47.

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.