Willis Towers Watson Public Limited Company $WTW Shares Sold by Banque Cantonale Vaudoise

by · The Markets Daily

Banque Cantonale Vaudoise decreased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW – Free Report) by 34.8% in the 1st quarter, HoldingsChannel reports. The firm owned 6,118 shares of the company’s stock after selling 3,269 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Willis Towers Watson Public were worth $1,778,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. AlTi Global Inc. lifted its holdings in Willis Towers Watson Public by 1.1% in the fourth quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock worth $1,088,000 after purchasing an additional 36 shares during the period. Larson Financial Group LLC increased its stake in Willis Towers Watson Public by 72.5% during the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares during the period. 44 Wealth Management LLC raised its position in shares of Willis Towers Watson Public by 1.3% during the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock worth $966,000 after buying an additional 39 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares in the last quarter. Finally, Howard Capital Management Inc. lifted its stake in shares of Willis Towers Watson Public by 5.7% in the 4th quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock worth $244,000 after acquiring an additional 40 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Lucy Clarke acquired 1,896 shares of the stock in a transaction 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 transaction, the insider owned 22,717 shares in the company, valued at approximately $5,982,976.29. This trade represents a 9.11% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Trading Up 3.0%

Shares of WTW opened at $265.43 on Friday. The business’s 50-day moving average price is $263.53 and its 200 day moving average price is $293.24. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $25.07 billion, a P/E ratio of 15.48, a P/E/G ratio of 0.83 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last announced its earnings results on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping the consensus estimate of $3.65 by $0.07. The company had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $3.13 earnings per share. Analysts expect that Willis Towers Watson Public Limited Company will post 19.52 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The company 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 $0.96 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.4%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WTW. Piper Sandler decreased their price objective on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a report on Friday, May 1st. UBS Group cut their target price on Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. Keefe, Bruyette & Woods decreased their price target on Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Barclays dropped their price objective on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $350.00.

Check Out Our Latest Stock Report on Willis Towers Watson Public

Willis Towers Watson Public Profile

(Free Report)

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.

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