Banque Cantonale Vaudoise Reduces Stock Position in Willis Towers Watson Public Limited Company $WTW

Banque Cantonale Vaudoise decreased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 34.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 Securities and Exchange Commission.

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

Insider Activity at Willis Towers Watson Public

In other news, insider Lucy Clarke acquired 1,896 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were acquired at an average price of $263.37 per share, with a total value of $499,349.52. Following the acquisition, the insider directly owned 22,717 shares in the company, valued at approximately $5,982,976.29. The trade was a 9.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on WTW shares. Morgan Stanley dropped their price objective on shares of Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. UBS Group lowered their target price on shares of Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Keefe, Bruyette & Woods dropped their price target on shares of Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, May 12th. Barclays cut their price target on shares of 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. Finally, Mizuho decreased their price target on shares of Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $350.00.

Willis Towers Watson Public Trading Up 3.0%

NASDAQ WTW opened at $265.43 on Friday. The firm has a market capitalization of $25.07 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 0.83 and a beta of 0.43. Willis Towers Watson Public Limited Company has a one year low of $240.61 and a one year high of $352.79. The company has a 50-day simple moving average of $263.53 and a 200-day simple moving average of $293.24. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. The firm had revenue of $2.41 billion for 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%. Willis Towers Watson Public’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $3.13 earnings per share. On average, equities analysts forecast 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 declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.84 annualized dividend and a dividend yield of 1.4%. Willis Towers Watson Public’s payout ratio is 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.