Willis Towers Watson Public Limited (NASDAQ:WTW) Insider Sells $1,136,245.68 in Stock

Willis Towers Watson Public Limited (NASDAQ:WTW) insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This represents a 4.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Willis Towers Watson Public Stock Up 1.3 %

Shares of WTW traded up $4.36 during midday trading on Friday, reaching $339.65. 547,533 shares of the stock were exchanged, compared to its average volume of 560,465. The company has a market capitalization of $34.21 billion, a P/E ratio of -339.65, a PEG ratio of 2.95 and a beta of 0.74. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $339.89. The company’s 50 day moving average is $320.41 and its two-hundred day moving average is $306.53.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.44 earnings per share. On average, sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.08%. This is a positive change 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 dividend payout ratio (DPR) is presently -368.00%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on WTW shares. Truist Financial restated a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Barclays upped their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their target price for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Wells Fargo & Company reduced their price target on 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. Finally, Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $342.08.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of large investors have recently bought and sold shares of WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the 3rd quarter valued at $27,000. McIlrath & Eck LLC purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $30,000. GeoWealth Management LLC boosted its position in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after purchasing an additional 56 shares in the last quarter. Y.D. More Investments Ltd grew its stake in Willis Towers Watson Public by 121.1% in 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 during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the third quarter valued at about $41,000. Institutional investors own 93.09% of the company’s stock.

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.