Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC cut its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,609 shares of the company’s stock after selling 61 shares during the period. Ironwood Investment Counsel LLC’s holdings in Willis Towers Watson Public were worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in WTW. Diamond Hill Capital Management Inc. grew its stake in Willis Towers Watson Public by 3.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 77,488 shares of the company’s stock worth $24,272,000 after purchasing an additional 2,630 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Willis Towers Watson Public by 96.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,244 shares of the company’s stock valued at $2,896,000 after buying an additional 4,548 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in Willis Towers Watson Public during the fourth quarter worth $225,000. Farther Finance Advisors LLC grew its position in shares of Willis Towers Watson Public by 36.7% in the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company’s stock valued at $102,000 after purchasing an additional 87 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Willis Towers Watson Public by 1.6% during the 4th quarter. HighTower Advisors LLC now owns 11,187 shares of the company’s stock worth $3,504,000 after purchasing an additional 175 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $319.10 on Friday. The stock has a market cap of $31.81 billion, a price-to-earnings ratio of -319.10, a P/E/G ratio of 2.95 and a beta of 0.71. The company’s fifty day moving average is $323.63 and its 200 day moving average is $310.02. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates 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%. The company’s quarterly 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. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Analysts Set New Price Targets

WTW has been the topic of a number of research analyst reports. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $342.08.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, 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 transaction of $1,136,245.68. Following the completion of the sale, the insider now owns 74,417 shares of the company’s stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

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.