JNBA Financial Advisors Sells 75 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

JNBA Financial Advisors cut its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.0% in the third quarter, HoldingsChannel reports. The firm owned 500 shares of the company’s stock after selling 75 shares during the period. JNBA Financial Advisors’ holdings in Willis Towers Watson Public were worth $147,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of WTW. American National Bank bought a new stake in Willis Towers Watson Public during the 2nd quarter valued at $36,000. Beacon Capital Management LLC raised its position in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares in the last quarter. New Millennium Group LLC bought a new stake in Willis Towers Watson Public during the 2nd quarter valued at $54,000. LRI Investments LLC bought a new stake in Willis Towers Watson Public during the 1st quarter valued at $58,000. Finally, Heritage Wealth Advisors raised its position in Willis Towers Watson Public by 44.3% during the 1st quarter. Heritage Wealth Advisors now owns 241 shares of the company’s stock valued at $66,000 after purchasing an additional 74 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Up 3.0 %

Willis Towers Watson Public stock opened at $317.31 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The business’s 50-day simple moving average is $293.26 and its two-hundred day simple moving average is $274.26. The company has a market cap of $31.96 billion, a PE ratio of -43.59, a PEG ratio of 1.89 and a beta of 0.73. Willis Towers Watson Public Limited has a fifty-two week low of $234.00 and a fifty-two week high of $320.10.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.24 EPS. Equities analysts anticipate that Willis Towers Watson Public Limited will post 16.64 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.11%. Willis Towers Watson Public’s payout ratio is -48.35%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WTW. Truist Financial lifted their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company boosted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday. Morgan Stanley reduced their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Finally, Jefferies Financial Group boosted their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $312.27.

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.