Natixis Advisors LLC Cuts Position in Willis Towers Watson Public Limited Company $WTW

Natixis Advisors LLC decreased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 171,509 shares of the company’s stock after selling 8,262 shares during the quarter. Natixis Advisors LLC’s holdings in Willis Towers Watson Public were worth $56,357,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC grew its holdings in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. 44 Wealth Management LLC grew its holdings in Willis Towers Watson Public by 1.3% in the fourth quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock valued at $966,000 after purchasing an additional 39 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares during the last quarter. Howard Capital Management Inc. grew its holdings in Willis Towers Watson Public by 5.7% in the fourth quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock valued at $244,000 after purchasing an additional 40 shares during the last quarter. Finally, Avantra Family Wealth Inc. grew its holdings in Willis Towers Watson Public by 2.9% in the fourth quarter. Avantra Family Wealth Inc. now owns 1,484 shares of the company’s stock valued at $488,000 after purchasing an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Lucy Clarke bought 1,896 shares of Willis Towers Watson Public stock in a transaction that occurred on Wednesday, May 6th. The shares were purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the transaction, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This represents a 9.11% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WTW shares. Weiss Ratings lowered Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. Wells Fargo & Company lowered their target price on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Morgan Stanley lowered their target price on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. UBS Group lowered their target price on Willis Towers Watson Public from $409.00 to $400.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, BMO Capital Markets raised Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from $347.00 to $300.00 in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $351.73.

Willis Towers Watson Public Stock Down 2.1%

WTW opened at $250.98 on Thursday. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78. The firm has a market cap of $23.71 billion, a P/E ratio of 14.63, a PEG ratio of 0.82 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 52 week low of $240.61 and a 52 week high of $352.79. The business’s fifty day simple moving average is $273.31 and its 200 day simple moving average is $300.18.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.07. The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.13 earnings per share. As a group, equities research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.5%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.39%.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.