Julie Jarecke Gebauer Sells 3,384 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) Stock

Willis Towers Watson Public Limited (NASDAQ:WTW) insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Willis Towers Watson Public Trading Up 1.3 %

Willis Towers Watson Public stock opened at $339.65 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The business’s fifty day simple moving average is $320.85 and its two-hundred day simple moving average is $307.20. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $339.89. The company has a market capitalization of $34.21 billion, a price-to-earnings ratio of -339.65, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the company posted $7.44 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.92 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.08%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Analysts Set New Price Targets

WTW has been the topic of several research analyst reports. Keefe, Bruyette & Woods boosted their target price on 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. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Barclays boosted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Truist Financial restated a “buy” rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $342.08.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public in the third quarter worth $27,000. McIlrath & Eck LLC purchased a new position in shares of Willis Towers Watson Public in the fourth quarter worth $30,000. GeoWealth Management LLC raised its stake in shares of Willis Towers Watson Public by 94.9% in the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock worth $36,000 after purchasing an additional 56 shares during the last quarter. Y.D. More Investments Ltd raised its stake in shares of 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 worth $39,000 after purchasing an additional 69 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public during the third quarter valued at $41,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.