Willis Towers Watson Public Limited (NASDAQ:WTW) Stock Position Trimmed by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. cut its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,662 shares of the company’s stock after selling 732 shares during the quarter. Willis Towers Watson Public comprises 2.3% of First Fiduciary Investment Counsel Inc.’s holdings, making the stock its 20th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Willis Towers Watson Public were worth $10,290,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth about $28,000. Exchange Traded Concepts LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $29,000. Massmutual Trust Co. FSB ADV grew its stake in shares of Willis Towers Watson Public by 112.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after purchasing an additional 106 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Willis Towers Watson Public by 19.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock worth $60,000 after purchasing an additional 41 shares in the last quarter. Finally, DT Investment Partners LLC raised its holdings in shares of Willis Towers Watson Public by 281.5% in the 4th quarter. DT Investment Partners LLC now owns 248 shares of the company’s stock worth $61,000 after purchasing an additional 183 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Down 2.3 %

Willis Towers Watson Public stock opened at $250.95 on Friday. The firm has a market cap of $25.66 billion, a PE ratio of 25.17, a P/E/G ratio of 1.46 and a beta of 0.73. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.45 and a current ratio of 1.89. The firm’s 50 day moving average price is $269.96 and its two-hundred day moving average price is $251.10. Willis Towers Watson Public Limited has a twelve month low of $195.29 and a twelve month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.84 earnings per share. On average, research analysts predict that Willis Towers Watson Public Limited will post 16.25 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.40%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend was Wednesday, March 27th. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Wall Street Analyst Weigh In

WTW has been the topic of a number of research reports. BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their target price for the stock from $236.00 to $298.00 in a report on Monday, February 12th. Piper Sandler boosted their target price on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday. Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $236.00 to $315.00 in a report on Monday, February 12th. Finally, TD Cowen started coverage on shares of Willis Towers Watson Public in a report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price target on the stock. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and a consensus target price of $293.43.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.22% of the company’s stock.

About Willis Towers Watson Public

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.