Dakota Wealth Management Decreases Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Dakota Wealth Management lessened its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,332 shares of the company’s stock after selling 248 shares during the period. Dakota Wealth Management’s holdings in Willis Towers Watson Public were worth $6,351,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of Willis Towers Watson Public by 2.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,699 shares of the company’s stock worth $416,000 after purchasing an additional 42 shares during the last quarter. Steel Canyon Capital LLC grew its position in Willis Towers Watson Public by 0.3% during the fourth quarter. Steel Canyon Capital LLC now owns 16,063 shares of the company’s stock valued at $3,929,000 after acquiring an additional 51 shares during the last quarter. Brighton Jones LLC grew its position in Willis Towers Watson Public by 4.3% during the third quarter. Brighton Jones LLC now owns 1,253 shares of the company’s stock valued at $262,000 after acquiring an additional 52 shares during the last quarter. Strs Ohio grew its position in Willis Towers Watson Public by 0.6% during the third quarter. Strs Ohio now owns 8,829 shares of the company’s stock valued at $1,844,000 after acquiring an additional 55 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in Willis Towers Watson Public by 3.6% during the third quarter. Kestra Advisory Services LLC now owns 1,743 shares of the company’s stock valued at $364,000 after acquiring an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insider Activity at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $258.49 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $26.43 billion, a P/E ratio of 25.80, a P/E/G ratio of 1.48 and a beta of 0.74. The business has a fifty day simple moving average of $272.16 and a two-hundred day simple moving average of $248.39. Willis Towers Watson Public Limited has a 12 month low of $195.29 and a 12 month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating the consensus estimate of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.91 billion. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $6.33 earnings per share. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 16.2 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.88 per share. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s payout ratio is currently 35.13%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Morgan Stanley raised their target price on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 7th. TD Cowen assumed coverage on shares of Willis Towers Watson Public in a report on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 target price on the stock. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and raised their target price for the stock from $236.00 to $298.00 in a report on Monday, February 12th. Raymond James restated an “outperform” rating and issued a $315.00 target price (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a report on Wednesday, April 10th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and a consensus price target of $290.54.

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.